Monday, July 15, 2019

Wondery Adds $10M For Podcasting Network

Los Angeles-based podcasting publisher Wondery has added $10M in its Series B funding, the company said earlier this month. The funding was led by Waverley Capital, a new investor in the company, and also included Lerer Hippeau, Greycroft, BDMI, Advancit and Water Tower Ventures, plus Powerhouse Ventures. As part of the funding, the company said it has added Declan Moore as Head of International; Moore was the former CEO of National Geographic Partners. Wondery's podcast lineup includes Dr. Death, The Shrink Next Door and Business Wars. Hernan Lopez is the founder of Wondery, and was previously CEO of Fox International Channels, a division of 21st Century Fox. Waverly Capital is the investment firm of Edgar Bronfman Jr. and Daniel Leff. A source close to Wondery says the funding valued Wondery at over $100M.