ALLCITY Network Raises Series B Funding; TEGNA Investment Brings Total Funding Beyond $25M
Portfolio Pulse from Benzinga Newsdesk
ALLCITY Network has successfully raised Series B funding, with TEGNA's investment pushing the total funding beyond $25 million.
August 20, 2024 | 8:30 pm
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POSITIVE IMPACT
TEGNA has invested in ALLCITY Network's Series B funding round, contributing to a total funding amount exceeding $25 million.
TEGNA's investment in ALLCITY Network's Series B funding round indicates a strategic move to expand its portfolio and influence in the media sector. This could positively impact TEGNA's stock price as it shows active investment and growth potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80