eXelate Obtains $12,000,000 Series C Funding Round

  • Feed Type
  • Date
    9/24/2012
  • 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
    $12,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    With offices in New York, Chicago, San Francisco, London, Paris and Tel Aviv, the company’s already robust worldwide operations will grow from both additional geographical expansion and from mobile and analytics product line introductions. Additionally, the company will look to explore complementary acquisitions.
  • M&A Terms
  • Venture Investor
    NewSpring Capital
  • Venture Investor
    Carmel Ventures
  • Venture Investor
    Menlo Ventures
  • Venture Investor
    Trident Capital

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