Tech Company Financing Transactions
NextMedium Funding Round
NextMedium, based in Los Angeles, received $6 million from Bessemer Venture Partners, Ascend Technology Ventures and Globespan Capital Partners.
Transaction Overview
Company Name
Announced On
7/24/2006
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series B
Investors
Proceeds Purpose
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
11900 West Olympic Blvd 780
Los Angeles, CA 90064
USA
Los Angeles, CA 90064
USA
Phone
Website
Email Address
Overview
NextMedium is the leading provider of technology for brand integration. As the proliferation of ad-skipping technologies, such as TiVo, contributes to the decline of the traditional 30-second commercial, non-traditional advertising alternatives, such as brand integration, are becoming a more significant part of today's media mix.
Management Team
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