Tech Company Financing Transactions
Spot Runner Funding Round
Spot Runner, operating out of West Hollywood, secured $51 million from Legg Mason and private investors.
Transaction Overview
Company Name
Announced On
5/7/2008
Transaction Type
Venture Equity
Amount
$51,000,000
Round
Undisclosed
Investors
Proceeds Purpose
"These strategic investments serve as a strong validation of Spot Runner's technology-driven advertising model, as well as the results we have generated for advertisers and media owners," said Nick Grouf, chairman and CEO of Spot Runner. "This further accelerates our momentum as we expand into a broader spectrum of online and offline media, both domestically and abroad."
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
8687 Melrose Ave. G400
West Hollywood, CA 90069
USA
West Hollywood, CA 90069
USA
Phone
Website
Email Address
Overview
Spot Runner, Inc. is a privately held, Internet-based advertising agency that makes it fast, easy and affordable for local businesses to advertise on TV.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Nick Grouf
Co-Founder
David Waxman
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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