IRVINE, Calif., June 28, 2010 - Tech Coast Angels (TCA), the nation’s largest angel investment network, today announced that it has joined the investment of a total second round funding of $1.6M in the unique entertainment journalism online resource, HitFix. According to lead TCA investor, Yuri Pikover, “HitFix has such a compelling mix of authoritative and original journalistic content, audience reach, and technology, it perfectly matched our TCA investment ‘sweet spot’.” The company, which went live in December of 2008 and generated revenue from its first day, will receive ongoing support and involvement from TCA including the addition of Pikover to the board of directors.
Unlike many entertainment sites and programs that focus primarily on celebrity news and gossip, HitFix calls on the talents of renowned entertainment commentators and journalists such as Alan Sepinwall, Drew McWeeny, Daniel Fienberg and Melinda Newman to produce wide-ranging news, interviews and commentary on all aspects of entertainment. The HitFix site also offers the unique Event Forecast, a localized calendar that allows users to track major events in all categories within their geographic region, sort them by interest, set reminders and download to their calendar, both through the site and iPhone application.
HitFix was founded by industry veterans, Jennifer Sargent, CEO, and Greg Ellwood, Editor-In-Chief. The site is designed for an 18-34 year old demographic and attracts about equal numbers of men and women, unusual in an industry often dominated by female viewers. The company generates revenue through advertising, as well as the syndication of content. It recently hit the major milestone of over one million monthly unique users.
Jennifer Sargent commented, “It was refreshing to get in front of so many savvy investors at once. TCA members understood our content-driven business model immediately. The investment process was fast and efficient, which allowed me to get back to running my business quickly. I’m looking forward to a long and fruitful partnership.”
About Tech Coast Angels
Tech Coast Angels, is the largest angel investor group in the United States. Its members provide funding and guidance to more early-stage, high-growth companies in Southern California than any other investment group. TCA members invest in companies in a wide range of industries, including the life sciences, biotech, IT, services, retail, Internet, financial, software, media, consumer products and tech startups. TCA members give companies more than just capital; they also provide counsel, mentoring and access to an extensive network of potential investors, customers, strategic partners and management talent. TCA has more than 250 members, including its venture capital affiliates, in five networks in Los Angeles, Orange County, San Diego, Westlake/Santa Barbara and the Inland Empire. More information on investment with Tech Coast Angels can be found at
NY Observer interviews HitFix CEO, Jen Sargent, to get the scoop on Alan Sepinwall. Read the full story, On Heels of Sepinwall Hire, HitFix Closes in on Second Round of Funding at www.observer.com
LOS ANGELES - April 26, 2010 - HitFix.com, one of the fastest growing film, TV and entertainment sites online, announced today that noted Television writer Alan Sepinwall is joining its stable of award-winning writers and editors.
The television critic for the Star-Ledger for the past 14 years, Alan Sepinwall has become a must-read for TV fans and industry professionals alike. Expanding on his work for the Star-Ledger, Sepinwall has spent the past five years developing a large and loyal following on his private blog What's Alan Watching. That blog will be incorporated into HitFix.com allowing Sepinwall's fans access to HitFix's proprietary event calendar and planning tools as they search for their entertainment fix.
"My career began with me writing about TV online," says Sepinwall, "so it feels right to get back to doing that full-time - particularly at a website like HitFix with a stable of talented writers and a mission I respect."
Wired's Jim Hopkinson does a podcast with HitFix CEO, Jen Sargent. Read the full post and listen to the podcast; Episode 94: Avatar, The Hurt ‘Lockergate,’ and Spiderman – Jim talks movies and marketing with Jennifer Sargent, CEO of Hitfix.com at thehopkinsonreport.com
Just like the rest of you, we’re still getting the hang of Google Buzz, the new service that Google integrated with Gmail a few days ago. As part of the process we've establish an official HitFix profile on Buzz that you can follow if you'd like to receive the latest entertainment news right inside your Gmail inbox.
To start following us on Google Buzz, visit http://www.google.com/profiles/hitfixcom and hit the "Follow HitFix" button.
HitFix featured in Tech Journal South and presenting at Southeast Venture Conference. Read the article, Hitfix event forecast keeps you in the entertainment loop.
Finding your entertainment fix has never been easier â€“ yes, thereâ€™s an app for that
Los Angeles, December 17, 2009 — HitFix today announced a new mobile edition of their popular entertainment Event Forecast Calendar called Find Your Fix. Find Your Fix is a personal, customizable calendar of local and national entertainment events that can be accessed and shared via a new free iPhone app, available immediately on the App Store, www.itunes.com/appstore.
Get the entertainment forecast, latest headlines and video on the go - for FREE
The crew here at HitFix knows that lots of websites hawk their iPhone apps only to disappoint their fans in poorly thought out and designed apps you quickly delete from your phone. Well, at HitFix we've spent countless hours over the past few months working to combine the best parts of our site into an app we think is really special and more importantly, useful to our loyal fans. Indulge us for a moment...