Vox Media — publisher of Eater, Vox, The Verge, SBNation and more — is doing quite well. According to The New York Times, the company is now valued at $380 million, after closing a $46.5 million round of financing from investment firm General Atlantic.
Vox Media’s CEO Jim Bankoff was obviously pleased. “The GA investment is an important milestone,” he wrote, in a memo on LinkedIn. “We should all take pride in knowing how far we’ve come and have confidence in our ability to go so much farther. The investment doesn’t change anything. It’s about accelerating our momentum.”
In related news, Vox announced that it has hired Lindsay Nelson to lead Vox Creative. Nelson comes to the company from Slate, where she served as VP of integrated programs and founder of SlateCustom, the site’s in-house creative agency. Nelson had been with Slate since 2012.