Tech Company Financing Transactions
Motricity Funding Round
Advance Capital Partners participated in a $32 million funding round for Motricity. This venture round was announced on 8/11/2006.
Transaction Overview
Company Name
Announced On
8/11/2006
Transaction Type
Venture Equity
Amount
$32,000,000
Round
Undisclosed
Investors
Advance Capital Partners (Lead Investor)
Proceeds Purpose
We will use the funding to fuel our ongoing strategic development activity as we are aggressively pursuing opportunities for tactical growth into new markets.
Company Information
Company Status
Publicly-held
Industry
Mobile
Mailing Address
8862 Peachtree Ct.
Conway, SC 29526
USA
Conway, SC 29526
USA
Phone
Website
Email Address
Overview
Motricity (MOTR.O) is the first in a new class of content and media providers for handheld devices. A leader in mobile content distribution solutions, the company is one of the largest providers of mobile content through its consumer websites and channel partnerships.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rich Stalzer
Chief Operating Officer
Nathan Fong
President
Chris Rivera
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