Ripple Obtains $4,000,000 New Funding

  • Feed Type
  • Date
    3/26/2009
  • Company Name
    Ripple
  • Mailing Address
    2101 Rosecrans Avenue El Segundo, CA 90245
  • Company Description
    Ripple (formerly called ActiveMaps, Inc.) provides digital entertainment and news content in over 400 locations throughout California, Arizona, Nevada and Hawaii. Headquartered in El Segundo, CA, Ripple’s rapidly expanding network currently reaches nearly 10 million unique customers every month. The Company’s current distribution partners include Coffee Bean and Tea Leaf, Diedrich Coffee, Jiffy Lube, CBS Outdoor, Arden Realty, Kilroy Realty and G&L Realty. Ripple’s media partners include ESPN, E! Entertainment, Yahoo!, CBS and Clear Channel.
  • Website
    http://www.rippletv.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Draper Fisher Jurvetson
  • Venture Investor
    Trinity Ventures

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