WPP Invests in Male-Oriented Website Publisher Woven

Wall Street Journal: Woven Digital, which owns a stable of young male-focused websites like BroBible and Uproxx, has raised $18.5 million in series B funding to invest in more video production and more content verticals. The funding round was led by WPP Ventures, an investment arm of WPP. Other investors include Institutional Venture Partners and Advancit Capital.