Digital publishing company Jet Media Network, a wholly-owned subsidiary of digital entertainment and technology company JetSynthesys, has announced that it has raised $2.5 million in a seed round.
The funding was led by Los Angeles Media Fund and saw participation from 10X Capital, US-based investment syndicate Gaingels, Spivy Private Capital, and Equinox Systems, apart from parent company JetSynthesys.
Jet Media Network will use the funding to expand its influencer base beyond athletes to add musicians, actors, gamers, and public influencers apart from investing in product development.