Tech Company Financing Transactions
Travel Ad Network Funding Round
Travel Ad Network, based in New York, scored $15 million from Rho Ventures and Village Ventures.
Transaction Overview
Company Name
Announced On
4/21/2008
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Rho Ventures (Lead Investor) (Habib Kairouz)
Proceeds Purpose
The minority investment enables TAN to leverage its success as a vertical ad network targeting travel advertising dollars and marketers seeking upscale consumers.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
55 Broad Street 24th Floor
New York, NY 10004
USA
New York, NY 10004
USA
Phone
Website
Email Address
Overview
Travel Ad Network (TAN) is the leading advertising network in the online travel vertical reaching 12.5 million unique users through top tier website publishers, including BBC's Lonely Planet, Rand McNally and 50 other travel websites.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 4/21/2008: StroMedix venture capital transaction
Next: 4/21/2008: MediaBank venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are derived from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs