Bestofmedia Group Acquired By Tech Media Network

Los Angeles-based Bestofmedia Group, the publisher behind the Tom's Hardware, Tom's Guide, and Tom's IT Pro online publications, has been acquired by Tech Media Network. Financial terms of the acquisition were not disclosed. Bestofmedia was venture backed by Index Ventures, and had raised around $35M in funding. Tech Media Network is venture backed by ABS Capital Partners, Highway 12 Ventures, and Village Ventures.