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Media startup Semafor raises $30M in new financing, WSJ reports

Tipranks - Thu Jan 8, 7:12AM CST

The media startup Semafor has raised $30M in new financing that values the company at $330M after its first profitable year, The Wall Street Journal’s Isabella Simonetti reports. The roughly three-year-old startup, which counts KKR (KKR) co-founder Henry Kravis, David Rubenstein of Carlyle Group (CG) and Penny Pritzker’s PSP Partners among its backers, aims to hire more journalists and expand its live-events business. This is the company’s first priced round and valuation, the author notes.

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