source : DailySocial
Female Daily Network (FDN) announced it has raised $1 million Series A funding (almost Rp 12 billion) from group of investor led by Ideosource. Also joining this funding round are SMDV and Convergence Accel. This investment will be used to improve FDN social platform, both in web and mobile, to create superior content discovery, personal recommendation, and shopping experience.
This year FDN has transformed itself by consolidating their properties into two main sites, Female Daily and Mommies Daily. Founded five years ago, FDN now has several million monthly visit and expect to break 100 million pageviews this year. FDN previously received undisclosed amount of angel investment in 2011.