SheKnows Media, a women’s media company with 92.5 million unique visitors per month and a total reach of 256 million social media fans, closed an expanded credit facility of $22 million through Ally Corporate Finance in Q4/15.

“In December 2015, we achieved our peak audience reach of 92.5 million and we rank first within comScore’s Lifestyles category in Female Audience – a position we’ve held firmly for the 13th consecutive month,” said Philippe Guelton, CEO of SheKnows Media. “This last year has been marked by incredible growth for the company. In particular, we have successfully completed the integration of BlogHer, which we acquired in November 2014. In a world where women dominate wallet share and make the lion’s share of purchasing decisions, Ally recognized the long-term potential of this unrelenting and consistent growth. I could not be more pleased to have them on board as our preferred financing source.”

SheKnows Media will leverage the capital received from Ally to deepen its value proposition to advertisers by offering an even more robust end-to-end suite of premium branded content and influencer marketing solutions.

“We are very pleased to provide financing to a top women’s lifestyle site such as SheKnows Media as it continues to grow its audience in the digital media segment,” said Richard Suhl, group head of Ally Technology Finance. “This transaction demonstrates Ally’s commitment to expanding its presence in the media and technology sectors. We have a dedicated team with expertise in servicing digital and technology-based businesses, and this expertise was a key factor in securing this relationship with the team at SheKnows Media.”

Guggenheim acted as exclusive financial advisor to SheKnows Media in the financing.