Russell Simmons’ All Def Digital Raises $10 Million

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Variety reports “All Def Digital, the urban youth culture, music and comedy media company founded by Russell Simmons, announced that it has closed $10 million in Series B financing led by Allen DeBevoise’s Third Wave Digital Partners.

Other investors in the round include advertising giant WPP through WPP Ventures and venture-capital firm Andreessen Horowitz, as well as ADD’s previous investors Nu Horizons Investments, Greycroft Partners, e.ventures and Shari Redstone’s Advancit Capital. The funding brings ADD to $18 million raised to date, including a $5 million Series A round in 2014 led by Greycroft.” Read More




This mofo is coming back to eat some more

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