Bell Media invests $5 mln in Hubub, secures monetization rights
Hubub Inc, a digital platform for exploring and discussing interests, has secured a $5 million equity investment from Bell Media, a subsidiary of BCE Inc. The investment, which aims to support marketing to grow the company, will also entitle Bell Media to exclusive rights to monetize Hubub in Canada. The platform's desktop product, hubub.com, is currently in beta, and the Hubub mobile app will be released in October. A commercial launch is scheduled for the fall. The Toronto-based Hubub said it has raised $14 million to date, including a US$8.5 million Series A financing round from angel investors earlier this year.
1 October 2014•4 mins read
