Tech Company Financing Transactions
Nexage Funding Round
Nexage closed a $10 million Series B funding round on 6/6/2012. Investors included SingTel Innov8, GrandBanks Capital and Relay Ventures.
Transaction Overview
Company Name
Announced On
6/6/2012
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
SingTel Innov8 (Lead Investor) (Punit Chiniwalla)
GrandBanks Capital (Michael Baker)
Relay Ventures (John Albright)
Proceeds Purpose
Nexage plans to use the funding to expand its products andtechnology, global reach, and ecosystem of buyers and sellers toaccelerate liquidity in the mobile advertising industry.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
101 Arch Street 1510
Boston, MA 02110
USA
Boston, MA 02110
USA
Phone
Website
Email Address
Overview
Nexage is a leading developer of Mobile Advertising solutions that enable companies to maximize Ad revenue from their mobile properties.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ernie Cormier
Chief Marketing Officer
Victor Milligan
Chief Technical Officer
Jim Butler
VP - Bus. Development
Mark Connon
VP - Product Management
Kevin McGowan
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Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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