Rhythm New Media Receives $13,101,322 Series C Financing

  • Feed Type
  • Date
    9/11/2012
  • Company Name
    Rhythm New Media
  • Mailing Address
    37 West 28th Street 7th Floor New York, NY 10001
  • Company Description
    Rhythm is a company enabling ad-supported mobile media, end-to-end. Rhythm’s solution is designed to support advertising on mobile video, WAP/HTML, mobile search, and mobile messaging. Rhythm’s technology enables advertising that has broad reach, sharp targeting and precise frequency management. Rhythm automates key business processes and enables measurement and reporting to each member of the mobile advertising value chain.
  • Website
    http://www.rhythmnewmedia.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $13,101,322
  • Transaction Round
    Series C
  • Proceeds Purposes
    Transaction amount included $5,101,327 cancellation of indebtedness. Proceeds purposes were not disclosed. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed

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