Blavity raises $6.5 million Series A round led by GV

Congratulations are in order.

 

 

Blavity, the digital lifestyle media company geared toward black millennials, recently closed a $6.5 million Series A round led by GV with participation from Comcast Ventures, Plexo Capital and Baron Davis Enterprises. As part of the investment, GV Partner John Lyman is joining Blavity’s board of directors.

 

 

As the media landscape continues to change, with some businesses up for sale, a prominent black media publication moving under new leadership and other ones shuttering, Blavity is at a point where it’s thinking about what phase two looks like, Blavity CEO Morgan DeBaun told TechCrunch over the phone.

 

“There’s just a lot going on where it’s important now more than ever that Blavity is committed and has the resources it needs to grow as a publication,” DeBaun told me.

 

Most of the funding will go toward opening a new office that is strictly focused on engineering and data, DeBaun said. As part of that, Blavity intends to triple the size of its engineering team. The office, which will likely be in Atlanta, will be home to engineers on additional products and content creation tools to facilitate better storytelling.

 

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