Tech Company Financing Transactions
MediaBank Funding Round
MediaBank, based in Chicago, secured $30 million in funding from New Enterprise Associates.
Transaction Overview
Company Name
Announced On
4/21/2008
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
New Enterprise Associates (Peter Barris)
Proceeds Purpose
"We are excited that NEA has shown a continued interest through a second round of funding that will help establish MediaBank's position at the forefront of the industry," said Brad Keywell, founder of MediaBank. "NEA's investment will enable us to maintain our aggressive development of the best media management systems for advertisers and media buyers."
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
600 West Chicago Ave. 350
Chicago, IL 60654
USA
Chicago, IL 60654
USA
Phone
Website
Email Address
Overview
MediaBank is revolutionizing the media advertising marketplace by leveraging its vast data network to help advertising agencies, associations and corporate clients identify, negotiate, buy and track advertising media more effectively and efficiently.
Management Team
Title
Name
Email & Social
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