Flite Lands $12,000,000 Series C Round

  • Feed Type
  • Date
    3/9/2011
  • Company Name
    Flite
  • Mailing Address
    706 Mission St. Fifth Floor San Francisco, CA 94103
  • Company Description
    Flite is a cloud-based ad platform that enables marketers to deliver ads people love. Our platform allows advertisers, agencies, and publishers to create, serve, and measure ads that are as dynamic as the Web—delivering up to a 10X increase in ROI with ads developed in 1/10th the time.
  • Website
    http://www.flite.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The latest round of funding allows Flite to continue to build out its platform to help marketers move away from existing display ads that require more cumbersome and time-consuming processes.
  • M&A Terms
  • Venture Investor
    General Catalyst Partners
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    Hummer Winblad Venture Partners

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