Tech Company Financing Transactions
Magnetic Funding Round
Magnetic, based in New York, raised $1.3 million in funding from IA Ventures and NYCSeed.
Transaction Overview
Company Name
Announced On
3/22/2010
Transaction Type
Venture Equity
Amount
$1,250,000
Round
Undisclosed
Investors
IA Ventures (Lead Investor) (Roger Ehrenberg)
NYCSeed (Lead Investor) (Owen Davis)
Proceeds Purpose
By this spring, Magnetic will launch a search data marketplace that will extract maximum value out of search data to significantly lift the value of media and improve campaign performance for all forms of online ads.
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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