Freeda Raises $16 Million with Goal to Become Social Elle, Cosmo

TechCrunch: Italian startup Freeda Media has raised a $16 million Series B round. Existing investor Alven is leading the round, with Endeavor Catalyst, UniCredit and others also participating Freeda wants to create a social version of Elle, Teen Vogue, Vanity Fair, Cosmopolitan or Man Repeller.