GumGum Receives $26,000,000 Series C Funding Round

  • Feed Type
  • Date
    5/28/2015
  • Company Name
    GumGum
  • Mailing Address
    225 Santa Monica Blvd 6th Floor Santa Monica, CA 90401 USA
  • 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
    $26,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The new growth round of funding will enable GumGum to accelerate its expansion into international markets;strengthen R&D resources across image recognition and computer vision; andcontinue its native, programmatic and social product development.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor

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