Wibbitz Lands $8,000,000 Series B Round
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- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cb623bee-f02f-4efa-9d8f-d4bc0f78ad5a - Date
5/21/2015 - Company Name
Wibbitz - Mailing Address
Undisclosed New York, NY 10017 USA - Company Description
Wibbitz provides a video player plugin for your site that takes static web content like images, headlines and video clips- in real-time and automatically creates an interactive video, giving users an engaging overview of the website by video-surfing. - Website
http://www.wibbitz.com - Transaction Type
Venture Equity - Transaction Amount
$8,000,000 - Transaction Round
Series B - Proceeds Purposes
The $8M investment will be used to build out the company’s U.S. headquarters in New York City’s Financial District, a growing hub for media and technology companies. Specifically, Wibbitz will be focusing on expanding its business development, sales, marketing, and editorial teams, with plans to hire about 20 new employees within the next few months. - M&A Terms
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