article_snippet.sent: Avid Life Media, the parent company of Ashley Madison, values Avid Life Media, the parent company of Ashley Madison at £669million ($1 billion) and had a reported revenue of £77million ($115 million) in 2014 alone - up 45 percent from the preceding year.
article_snippet.sent: Avid Life Media has 1.2million customers in the UK and 35million worldwide but was forced to scrap a flotation in Toronto in 2010 after investors weren't convinced to buy in.
article_snippet.sent: Avid Life Media, which is backed financially by a number of anonymous investors, owns also various other similar websites including Cougarlife.com and EstablishedMen.com.