Tech Company Financing Transactions
Spongecell Funding Round
Spongecell, based in San Francisco, secured funding from Safeguard Scientifics and private investors.
Transaction Overview
Company Name
Announced On
2/8/2012
Transaction Type
Venture Equity
Amount
Unknown
Round
Series B
Investors
Safeguard Scientifics (Lead Investor) (Erik Rasmussen)
Proceeds Purpose
Proceeds will be used to fund Spongecell's continued expansion including product development, sales and marketing, executive and staff recruitment, and other working capital needs.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
110 Sutter St. 7th Floor
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Website
Email Address
Overview
Spongecell transforms standard banner ads into dynamic flash ads with rich media-like functionality. The multi-media ads engage audiences longer, use no more real estate than a standard banner ad, and keep users on the publisher's page.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ben Kartzman
Chief Operating Officer
Andres Morón
Chief Technical Officer
Byron Ellis
VP - Client Services
Amanda Glen
VP - Product Management
Anthony Yam
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