Maker Media has secured $5 million in funding, a move that follows the beta launch of the MakerSpace digital community and continued growth in Maker Faire as the company’s platform expands to serve the worldwide maker movement.
Along with the funding, Maker Media has hired Rafe Needleman as editor in chief to lead its editorial team and content strategy. Most recently, he was editorial director of Yahoo Tech.
Maker Media is a platform centered on content, community and commerce. Maker Media content includes online publication Makezine.com, Make: magazine and Make books. Maker Media’s community consists of Maker Faire, the MakerSpace social platform and Maker Camp. The company’s commerce unit, Maker Shed, offers electronics, kits and tools for makers.
The investment in Maker Media comes from a syndicate of investors including Twitter founder Evan Williams’ Obvious Ventures, media and entertainment investor Raine Ventures, Azure Capital, and previous investors OATV and Floodgate, and debt funding from Square 1.
The strategic investment marks the next step in Maker Media’s evolution to build its Maker Faire business and platform serving the maker movement. Maker Media will use the funding to continue to invest in the people, technology and infrastructure required to reach a broader global audience with its digital platform and popular Maker Faire events. The funding will also be used toward building Maker Media’s technical and editorial teams driving video, mobile, and online initiatives.
To further expand its media and content business, veteran technology journalist Rafe Needleman joins Maker Media as editor in chief. Needleman brings more than two decades of industry experience to Maker Media’s editorial operations. Prior to his stint as editorial director of Yahoo Tech, he held leadership roles at CNET, Red Herring, Byte, and Infoworld.
Maker Media has seen explosive growth in Maker Faire and remains a bright spot in media. In 2014, there were more than 130 Maker Faire events and 781,000 attendees worldwide, a figure expected to reach more than 1 million attendees in 2015. Make: magazine’s growing worldwide print distribution reaches 300,000 and its online properties — including Makezine.com, Maker Faire online, Maker Shed and Maker Camp — reach nearly 4 million monthly unique visitors.
“Maker Media is on a mission to inspire and develop more makers, and we are excited to continue to invest in people and technology to do even more on a global scale,” says Maker Media CEO Gregg Brockway. “We’re at an inflection point for the broader maker movement. The investment speaks to the growth and promise of Maker Media as a platform offering makers around the world content, commerce and community opportunities.”
“Maker Media is a uniquely diversified media company. It has a great collection of interlocking media properties, events, and products, all in support of a growing and powerful community of makers,” says Rafe Needleman. “I’m excited to join the company to expand the scope of coverage even further at a time when the DIY movement and the intersection of technology are taking off around the world.”
Stop breadboarding and soldering – start making immediately! Adafruit’s Circuit Playground is jam-packed with LEDs, sensors, buttons, alligator clip pads and more. Build projects with Circuit Playground in a few minutes with the drag-and-drop MakeCode programming site, learn computer science using the CS Discoveries class on code.org, jump into CircuitPython to learn Python and hardware together, TinyGO, or even use the Arduino IDE. Circuit Playground Express is the newest and best Circuit Playground board, with support for CircuitPython, MakeCode, and Arduino. It has a powerful processor, 10 NeoPixels, mini speaker, InfraRed receive and transmit, two buttons, a switch, 14 alligator clip pads, and lots of sensors: capacitive touch, IR proximity, temperature, light, motion and sound. A whole wide world of electronics and coding is waiting for you, and it fits in the palm of your hand.
Have an amazing project to share? The Electronics Show and Tell is every Wednesday at 7:30pm ET! To join, head over to YouTube and check out the show’s live chat – we’ll post the link there.
Join us every Wednesday night at 8pm ET for Ask an Engineer!
Maker Business — Patreon: 4 million patrons, $1 billion in payouts
Wearables — Shake it off
Electronics — Switch Mode Power
Biohacking — Vitamin-C + Gelatin for Accelerated Recovery
Python for Microcontrollers — 200 CircuitPython Libraries, Binho, BLE, and more! #Python #Adafruit #CircuitPython #PythonHardware @circuitpython @micropython @ThePSF @Adafruit
Adafruit IoT Monthly — Machine Learning 101, PWNing the ESP32, and more!
Microsoft MakeCode — Deep Breathing Encouragement with Circuit Playground Express!
No comments yet.
Sorry, the comment form is closed at this time.