July 17, 2009
Former AOL executive Jim Bankoff has raised another $7 million in funding for sports blog network SB Nation, according to Kara Swisher’s blog. The valuation after this cash flow is reported to be around some $30 million. SB Nation is the kind of blog network who recruits bloggers, and they are aiming to give fan coverage for just about any sport out there. With more than 200 blogs under the SB Nation banner, I’d say they’re giving it a serious shot at least.