Spartz Obtains $8,000,000 New Financing Round

  • Feed Type
  • Date
    11/1/2013
  • Company Name
    Spartz
  • Mailing Address
    358 W Ontario Chicago, IL 60654
  • Company Description
    Spartz Inc., has about a dozen websites, including OMG Facts, MuggleNet and SmartphOWNED, which have monthly traffic of about 15 million. The company has been successful in creating viral growth.
  • Website
    http://www.spartzinc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company will use the additional capital to add talent to a staff that’s just over 30 people and to do paid marketing.
  • M&A Terms
  • Venture Investor
    Garland Capital Group
  • Venture Investor
    Investor
  • Venture Investor
    Investor

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