Former Myspace CEO Joins Woven Digital Board (Exclusive)
Chris DeWolfe will reunite with Myspace co-founder Colin Digiaro at the digital media company.
Former Myspace CEO Chris DeWolfe has joined the board of male-centric media firm Woven Digital.
Woven Digital, which owns social news site Uproxx and Brobible, has made a push into video with the launch of a studio in Los Angeles and New York. The company last December raised $18 million in funding from investing including Institutional Venture Partners, Shari Redstone, UTA and the San Francisco 49ers. In August, CEO Scott Grimes transitioned into the role of chairman and Digiaro was appointed CEO. By bringing Wolfe onto the board, Woven adds an experienced digital executive.
"He’s a visionary in building media and content businesses that reach hundreds of millions of users and is someone who deeply understands how technology and content intersect," says Digiaro. "Chris has always been someone who is relentless in how to maximize new media and content opportunities. Given the growth of our original content and publishing businesses, we’re now at the scale where we can benefit from his guidance."
The move reunites DeWolfe, now the CEO of mobile gaming company SGN, with Woven CEO Colin Digiaro, whom he has worked with several times over the last decade. Their relationship began at Myspace, where DeWolfe was the founding CEO and Digiaro, who was part of the founding team and is credited with developing Myspace's sales strategy. They reunited at SGN, which DeWolfe co-founded in 2010.
"I've been working with Colin and he's been a friend and business partner for 15 years," says DeWolfe. "I invested in their series A round last year because I was so excited about the growth of the company. I'm excited about anything that tips popular culture and I think that woven will be a major player."