GumGum Inc. Obtains $500,000 Series A Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=859b1b47-1d3a-4af3-9371-9a35d31d6b32&Preview=1 -
Date
7/21/2008 -
Company Name
GumGum Inc. -
Mailing Address
225 Santa Monica Blvd. Santa Monica, CA 90401 -
Company Description
GumGum is a licensing and distribution platform for online content. We believe paying a flat rate to license content for online use is illogical. Offline, the flat rate model works because distribution is finite. Online, thanks to Google and other search engines, a story lives forever. -
Website
http://www.gumgum.com -
Transaction Type
Venture Equity -
Transaction Amount
$500,000 -
Transaction Round
Series A -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
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Venture Investor
First Round Capital
