Marc Lasry, co-owner of the Milwaukee Bucks, led the series C funding round with participation from Interlock Partners, LionTree, Atinum Investment, iHeart Media and Tom Franco, Don Gogel and Roberto Quarta, partners in the private equity firm Clayton, Dubilier & Rice. Lasry has joined the board of Mountain View, Calif.-based Ozy Media, co-founded by former CNN host Carlos Watson and Samir Rao.
The latest investment brings the total financing raised to date by Ozy Media to more than $70 million. All of Ozy Media’s existing investors — including Gsv Capital, Axel Springer and Emerson Collective — returned for the new round.
“We are really proud that top-tier investors want to join us,” Watson told Variety.
Ozy Media has turned its