Batanga Completes Series B Financing

Posted on: April 17th, 2006
Filed Under: [ Press Releases ]
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“Batanga, one of the fastest growing publishers in the US Hispanic market, announced today the completion of a major strategic round of financing. H.I.G. Ventures led the $5 million round.

“We are extremely excited to get the backing of such a strong investor,” said Rafael Urbina, Batanga’s Chairman and CEO. “The resources and connections H.I.G. Ventures brings bring to the table, coupled with the momentum achieved through our recent merger of Batanga, give our company a great boost toward becoming the premier online destination for young Hispanics.” “

SOURCE: in English / Fuente en Ingles
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