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ReviMedia Group rakes in $12.5M in venture capital

Who gets: ReviMedia Group, considered one of the the fastest-growing privately-held companies in New York, has a new investor.

Amount raised:$12.5 million in equity as part of an unspecified round.    

Who invests: NewSpring Growth Capital, a private equity firm shop on companies based in the Mid-Atlantic region, led the investment. The Radnor, Pennsylvania-based firm manages over $1.5 billion in assets. As part of the transaction, NewSpring's Glenn Rieger will join ReviMedia’s board of directors.

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