Nanigans Secures $24,000,000 Series B Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4e6d3841-f777-4342-ad79-8938bf7bee2c - Date
3/25/2015 - Company Name
Nanigans - Mailing Address
60 State St. Boston, MA 02109 USA - Company Description
Founded by veteran entrepreneurs with specialties in performance and social marketing, Nanigans was formed to help advertisers maximize the effectiveness of Facebook advertising. Nanigans is the only real-time bidding platform for the Facebook ads marketplace that optimizes for downstream actions and lifetime customervalue. - Website
http://www.nanigans.com - Transaction Type
Venture Equity - Transaction Amount
$24,000,000 - Transaction Round
Series B - Proceeds Purposes
The funding follows Nanigans successful transition to a true Software-as-a-Service (SaaS) business model. The investment in Nanigans by Cheetah Mobile, a leading Chinese Internet company, underscores the global nature of the market and will accelerate its business in Asia under a strategic commercial agreement between the two companies. - M&A Terms
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