Wednesday, October 17, 2018
Technology News
Technology News Delivered Daily
Home / Business  / Thrive Global Closes Series B Extension with $43 Million Raised

Thrive Global Closes Series B Extension with $43 Million Raised

Thrive Global Closes Series B Extension with $43 Million Raised
Credit: thriveglobal.com/

Thrive Global, the behavior change media and technology company founded by Arianna Huffington in 2016, secured an extension of its Series B funding round with a group of new strategic partners, bringing the total raised to date to $43 million at a $121.5 million valuation.

Strategic investors participating in the extension are Kevin Durant of the Golden State Warriors and his business partner Rich Kleiman; 49ers Enterprises, an investment affiliate of the San Francisco 49ers; Jeffrey Katzenberg’s Wndrco; Eric Roza, founder of Datalogix and SVP/GM of Oracle Data Cloud; Adrian Aoun, founder and CEO of Forward; Yash Sandesara, founder and managing director of 205 Capital; and Adam Miller, Cornerstone OnDemand founder and CEO.

The funds will be used to accelerate Thrive’s technology and product growth.