OptiMine Software Obtains $3,600,000 Series B Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c187c1f0-fa2c-40f3-864d-927a85c2603a&Preview=1 -
Date
10/24/2011 -
Company Name
OptiMine Software -
Mailing Address
1365 Park Road Chanhassen, MN 55317 -
Company Description
OptiMine Software was founded by experienced software executives, including Rob Cooley and Doug Bryan, experts in marketing applications based on data mining. -
Website
http://www.optimine.com -
Transaction Type
Venture Equity -
Transaction Amount
$3,600,000 -
Transaction Round
Series B -
Proceeds Purposes
OptiMine, which develops keyword bid optimization software for large paid-search advertising programs, will use the funding to make significant investments to expand its product development and sales capability, among other activities. -
M&A Terms
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Venture Investor
Hummer Winblad Venture Partners -
Venture Investor
Undisclosed
