Rhythm New Media Receives $10,000,000 Series C Round

  • Feed Type
  • Date
    11/11/2010
  • Company Name
    Rhythm New Media
  • Mailing Address
    800 West El Camino Real Mountain View, CA 94040-2573
  • 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
    $10,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Rhythm will use the funds to further fuel the rapid expansion of its mobile video ad network as demand for mobile video is growing sharply.
  • M&A Terms
  • Venture Investor
    Questmark Partners
  • Venture Investor
    Lightspeed Venture Partners
  • Venture Investor
    Morgenthaler Ventures
  • Venture Investor
    Rembrandt Venture Partners

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