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Evo Media Group Receive 1.5 Million in Funding

November 29th, 2009

EvoMediaEvo Media Group, who operate the DevHub.com website development & hosting platform, have received $1.5 million in funding to expand their operations. DevHub became profitable in August 2009, and they will use this new influx of cash to grow their network of publishers.

DevHub sites are currently attracting more than two million visitors per month. This writer began using DevHub development tools about 8 weeks ago and presently have 40 websites up and running on their platform.

The $1.5 million in new funding is reported to be coming from Voyager Capital’s Geoff Entress, Whitepages CEO Alex Algard, Intel Capital’s Jeff Schrock, and former Disney Online president Richard Wolpert (as reported by TechFlash.com).

For previous articles on DevHub, see …

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