Magnetic Garners $4,000,000 Series A Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2b476350-ed80-4e7f-b1c8-d0ff33c1e3a9&Preview=1 -
Date
6/16/2010 -
Company Name
Magnetic -
Mailing Address
311 W. 43rd St. New York, NY 10036 -
Company Description
Magnetic is search re-targeting. The Magnetic data marketplace empowers advertisers and publishers to use search data as the key indicator of intent and re-target campaigns to the most relevant audience online. With more than 270 million search profiles, Magnetic significantly lifts the value of media and improves campaign performance. -
Website
http://www.magnetic.is -
Transaction Type
Venture Equity -
Transaction Amount
$4,000,000 -
Transaction Round
Series A -
Proceeds Purposes
Magnetic will leverage new capital to further build its core search re-targeting technology and expand with new solutions for advertisers and marketers that bring synergy to display media and search data. With this latest investment, Magnetic has the resources to push forward on its mission to make search re-targeting easy for all types of media buyers. -
M&A Terms
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Venture Investor
Charles River Ventures -
Venture Investor
SV Angel -
Venture Investor
NYCSeed
