|Twitter and Blogger co-founder Evan Williams|
In addition to Ovitz, the substantial $25 million round of funding included 'Greylock Partners, Google Ventures' Kevin Rose, SV Angel's Ron Conway, Chris Sacca, Peter Chernin, Tim O'Reilly, Michael Ovitz, Gary Vaynerchuk, Betaworks, Code Advisors, and CAA Ventures and Science.'
Last November, Williams became a billionaire during Twitter's IPO, and was until this recent round the primary investor in Medium.
Michael Ovitz is a well known investor and consultant in Silicon Valley. His Broad Beach Ventures, founded in 2010, invests in early-stage technology companies; BBV's portfolio includes Palantir, Klout, Priceonomics, GoodRx, Blend Labs, HipSwap, Factual and many more. Ovitz also consults with venture capital firms including Andreessen Horowitz, Formation 8, and Founders Fund.
Read the entire CNET article, Evan Williams' media startup Medium raises $25M