Rhythm New Media Receives $13,101,322 Series C Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=abd30822-2c6a-4ca9-8a44-61b90b1376ef&Preview=1 - Date
9/11/2012 - Company Name
Rhythm New Media - Mailing Address
37 West 28th Street 7th Floor New York, NY 10001 - Company Description
Rhythm is a company enabling ad-supported mobile media, end-to-end. Rhythm’s solution is designed to support advertising on mobile video, WAP/HTML, mobile search, and mobile messaging. Rhythm’s technology enables advertising that has broad reach, sharp targeting and precise frequency management. Rhythm automates key business processes and enables measurement and reporting to each member of the mobile advertising value chain. - Website
http://www.rhythmnewmedia.com - Transaction Type
Venture Equity - Transaction Amount
$13,101,322 - Transaction Round
Series C - Proceeds Purposes
Transaction amount included $5,101,327 cancellation of indebtedness. Proceeds purposes were not disclosed. SEC regulatory filing. - M&A Terms
- Venture Investor
Undisclosed
