Accel Partners has completed ‘Series A’ investment in Trivone Digital a Bangalore-based digital media and content company. The funds will be utilised by Trivone towards meeting its working capital requirements as well as pushing growth through the inorganic route in the months ahead.Currently the company offers services by way of creating, sourcing and packaging content for online delivery to a wide cross-section of largeEnterprisecustomers.
Trivone is promoted by veteran journalist L. ‘Subu’ Subramanyan and it manages three IT Media Properties –www.techtree.com, www.channeltimes.com and www.cxotoday.com. The company plans to build several Digital media properties in specific verticals and increase its presence in the Digital Media landscape inIndia.
Earlier in the year Trivone had acquired the management rights for the three IT portals, viz., Techtree.com, ChannelTimes.com and CXOToday.com from UTV.