eXelate Obtains $5,000,000 Series B Funding Round
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d24543e3-f486-4c08-857c-edfe7dcef8bc&Preview=1 -
Date
12/16/2010 -
Company Name
eXelate -
Mailing Address
7 W. 22nd St. Ninth Floor New York, NY 10010 -
Company Description
eXelate was created to address the deficiency in targeted data, which we believe delays the progress of web-based advertising as a whole. Unlike the other major targeting-related players, eXelate believes in sharing data and related revenues. We invite all the major networks to use our data in order to provide better service to clients while escalating ROI across the board. -
Website
http://www.exelate.com -
Transaction Type
Venture Equity -
Transaction Amount
$5,000,000 -
Transaction Round
Series B -
Proceeds Purposes
eXelate will be leveraging the proceeds from the new round of investment to continue to enhance its data marketplace footprint, as well as expand the functionality of its robust data management toolset. -
M&A Terms
-
Venture Investor
Trident Capital
