Upfront Ventures Looks for Next Maker Studios in Lati** YouTube Network
 

Upfront Ventures Looks for Next Maker Studios in Lati** YouTube Network
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Upfront Ventures, the first investor in Marker Studios, is taking a**ther stake in a YouTube network startup.

The VC firm has led a $10 million round for MiTú, a popular YouTube network focused focused on Lati** audiences. MiTú's has more than 40 million combined subscribers across its channels and logs over 400 million monthly views, according to the company's press release

See also: Top 10 YouTube Beauty Channels to Follow


The news was first reported by Re/code. MiTú raised $3 million in 2012 in a round lead by the Chernin Group.

Recent major acquisitions of YouTube networks — Disney's acquisition of Maker Studios and DreamWorks buying AwesomenessTV — have made the once-maligned online video production industry a hot commodity. Read more...

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