Tech Company Financing Transactions
In-Store Broadcasting Network Funding Round
In-Store Broadcasting Network, operating out of Salt Lake City, secured $16 million in funding from Great Hill Partners.
Transaction Overview
Company Name
Announced On
10/27/2004
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Undisclosed
Investors
Great Hill Partners (Steven Gormley)
Proceeds Purpose
Proceeds from the investment will be used to expand IBN's salesforce and retail distribution network.
Company Information
Company Status
Private & Independent
Industry
Offline Media
Mailing Address
175 Main St. 220
Salt Lake City, UT 84103
USA
Salt Lake City, UT 84103
USA
Phone
Website
Email Address
Overview
InStore Audio Network provides background music and audio advertising services in large grocery and drug chains in the U.S.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Jeff Shapiro
Chief Executive Officer
Gary Seem
VP - Sales
Kevin Connolly
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