What Vox Plans to Do With Its Latest Round of Funding

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By: Tim Peterson | Advertising Age

Digital-media companies continue to build up their war chests.

Earlier this year Vice added $500 million and BuzzFeed took in $50 million, and now Vox Media has raised $46.5 million from equity investment firm General Atlantic. The latest funding round comes a year after the company raised $34 million and values Vox at $380 million, according to a person familiar with the matter and confirming a Re/code report.

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