Tuesday, June 16, 2015

Martini Media Acquired By Evolve Media

San Francisco-based Martini Media, an online publisher and advertising network focused on the luxury market, has been acquired by Evolve Media. Financial terms of the buy were not disclosed. Evolve Media said it will continue to run Martini Media as a separate division, to help it expand into a new vertical. Evolve Media is a publisher of lifestyle content, focused on male and female audiences and other verticals. Martini Media had been venture backed by Venrock, Granite Ventures, Reed Elsevier Ventures, and Silicon Valley Bank, and the company had raised over $33M in funding.