Xconomy | Boston - Business + Technology in the Exponential Economy

IT, VC, deals

Modiv Checks Out $1.2 Million

Wade Roush 7/9/09

SEC documents published online today indicate that Quincy, MA-based Modiv Media, which helps grocery stores deliver in-store digital media, has collected $1.2 million out of a planned $2.52 million financing round. The documents list Ignition Partners partner Steven Hooper and Seapoint Ventures managing partner Thomas Huseby as board members. Modiv completed an $8 million Series A round in late 2007, with participation by Ignition, Seapoint, and Oak Investment Partners.

Wade Roush is Xconomy's chief correspondent. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.


Add Your Thoughts



You will have 10 minutes to edit your post after you press publish.

Comments may be edited for clarity and length, rejected, or deleted. By clicking "Publish," you are agreeing to these Terms and Conditions.

    

Business, life sciences, and technology news — covering Boston, Seattle, San Diego, and beyond.

© 2007-2009, Xconomy, Inc. XCONOMY is a registered service mark of Xconomy, Inc. All rights reserved.
Site designed by Matthew Bouchard, produced by Andrew Koyfman, and powered by WordPress.