Xconomy Boston

WordStream Inc Obtains $4,000,000 Series A Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c10b871e-59a2-4da7-aa8c-72d8188c2827&Preview=1
Date
1/28/2009
Company Name
WordStream Inc
Mailing Address
133 Federal St, 5th Floor Boston, MA 02110
Company Description
WordStream is a patented, hosted software service that automates most of the painful manual work involved with creating and optimizing both paid and natural search engine marketing; it lets Web marketing professionals realize consistent growth in unique visitor traffic, online sales, registrations, (etc.), while simultaneously reducing costs, without requiring tons of time and effort or a degree in search engine marketing.
Website
http://www.WordStream.com
Transaction Type
Venture Equity
Transaction Amount
$4,000,000
Transaction Round
Series A
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Sigma Partners