Tech Company Financing Transactions
Magnetic Funding Round
Magnetic closed a $10 million Series B funding round on 6/7/2012. Investors included Edison Partners, CRV and IA Ventures.
Transaction Overview
Company Name
Announced On
6/7/2012
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Edison Partners (Lead Investor) (Ryan Ziegler)
CRV (Saar Gur)
Proceeds Purpose
With this new investment, Magnetic will have the means to further its mission to drive better display ad performance and expand search campaigns for marketers, while also further accelerating growth and supporting innovative product development.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
5-9 Union Sq. West 3rd Floor
New York, NY 10003
USA
New York, NY 10003
USA
Phone
Website
Email Address
Overview
Magnetic is search re-targeting. The Magnetic data marketplace empowers advertisers and publishers to use search data as the key indicator of intent and re-target campaigns to the most relevant audience online.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Corey Ferengul
Chief Marketing Officer
Alex Kelleher
Chief Operating Officer
Rick Glickman
Chief Technical Officer
Paul Phillips
VP - Product Management
Sam Nunez
VP - Sales
Nick Greto
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