Media publisher Axios announced the close of $20 million in financing. Six investors contributed to the round: Greycroft Partners, Lerer Hippeau Ventures, NBC Universal, Emerson Collective, Investor, and WndrCo.
Founded by Politico CEO Jim VandeHei and columnist Mike Allen, Axios is a new media company that delivers news and analysis of media trends, tech, business, and politics in an efficient, shareable way on its mobile platform.
According to the company, as of October 2017, Axios.com experienced monthly traffic of 13.5 million unique visitors.