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Buzznet Raises $12.5M More

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Los Angeles-based Buzznet , which operates a network of web sites focused on celebrities and pop culture, announced this morning that it has raised $12.5M According to the company, the funding round was led by Focus Ventures, and also included Anthem Ventures, New Enterprise Associates, Redpoint Ventures, and Sutter Hill Ventures.

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Three Southern California Firms Building Blog Empires

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BUZZMEDIA has a network of music and entertainment news related blogs, including Buzznet, Celebuzz, Absolute Punk, GoFugYourself, JustJared, Stereogum, TheSuperficial, WWTDD, SocialiteLife, and Idolator. Venture backed by Anthem Ventures, Redpoint Ventures, New Enterprise Associates, Focus Ventures, Sutter Hill Ventures, and others.