With CEO Gregg Brockway leading the way, Maker Media, which publishes the DIY technology magazine Make: and runs the popular Maker Faires, landed $5 million in new funding this spring. It was the second raise for Maker Media since it spun off from O’Reilly Media two years ago. In all, Maker Media has raised $10 million. While print is doing well, Brockway said earlier this year, the new capital is mostly earmarked for growth platforms: digital and live events. The magazine, which debuted in 2005, has grown to a 300,000 circulation, but the Maker Faires, which launched a year later and attract a community of DIY technology hobbyists, have taken off. The company produced 130 Maker Faires around the world in 2014, attracting close to 800,000 attendees, and Brockway estimates the Faires will surpass one million attendees this year. Brockway was named CEO of Maker Media in October 2014, according to his company bio, which adds that he loves creating products and has a track record of building large teams and successful businesses on- and offline, including Hotwire, TripIt and most recently Chairish.
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