Spongecell Secures $10,500,000 New Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5d2757a0-cc64-445d-9e84-00728476718d - Date
11/3/2016 - Company Name
Spongecell - Mailing Address
660 Mission St 4th Floor San Francisco, CA 94105 USA - Company Description
Spongecell transforms standard banner ads into dynamic flash ads with rich media-like functionality. The multi-media ads engage audiences longer, use no more real estate than a standard banner ad, and keep users on the publisher’s page. - Website
http://www.spongecell.com - Transaction Type
Venture Equity - Transaction Amount
$10,500,000 - Transaction Round
Undisclosed - Proceeds Purposes
Mr. Kartzman said the new funding would be applied primarily to increased research & development in Spongecell’s market-leading CORE platform and flexible, tag-based, decision engine technology to further maximize the impact of personalized creative. - M&A Terms
- Venture Investor
Safeguard Scientifics - Venture Investor
Pivotal Investments
