Tech Company Financing Transactions

BlueLithium Funding Round

On 2/28/2005, BlueLithium announced $11.5 million in Series A financing from 3i Venture Capital and Versant Ventures.

Transaction Overview

Company Name
Announced On
2/28/2005
Transaction Type
Venture Equity
Amount
$11,500,000
Round
Series A
Investors

3i Venture Capital (Lead Investor) (David Silverman)

Versant Ventures (Lead Investor) (Richard LeFurgy)

Proceeds Purpose
The funds will be used to expand advertising sales operations globally, most immediately with a UK presence, and to further deploy BlueLithium's optimization technology.

Company Information

Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
104 5th Ave. 9th Flr
New York, NY 10011
USA
Email Address
Not Recorded
Overview
BlueLithium is the performance-based advertising network that maximizes ROI through its proprietary ad serving technology.
Profile
BlueLithium LinkedIn Company Profile
Social Media
BlueLithium Company Twitter Account
Company News
BlueLithium News
Facebook
BlueLithium on Facebook
YouTube
BlueLithium on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gurbaksh Chahal
  Gurbaksh  Chahal LinkedIn Profile  Gurbaksh  Chahal Twitter Account  Gurbaksh  Chahal News  Gurbaksh  Chahal on Facebook
Chief Financial Officer
William Lonergan
  William  Lonergan LinkedIn Profile  William  Lonergan Twitter Account  William  Lonergan News  William  Lonergan on Facebook
Chief Marketing Officer
Dakota Sullivan
  Dakota  Sullivan LinkedIn Profile  Dakota  Sullivan Twitter Account  Dakota  Sullivan News  Dakota  Sullivan on Facebook
Chief Operating Officer
Scott Kauffman
  Scott Kauffman LinkedIn Profile  Scott Kauffman Twitter Account  Scott Kauffman News  Scott Kauffman on Facebook
Chief Technical Officer
David Mariani
  David  Mariani LinkedIn Profile  David  Mariani Twitter Account  David  Mariani News  David  Mariani on Facebook
General Manager
Jay Webster
  Jay  Webster LinkedIn Profile  Jay  Webster Twitter Account  Jay  Webster News  Jay  Webster on Facebook
General Manager
Dave Zinman
  Dave  Zinman LinkedIn Profile  Dave  Zinman Twitter Account  Dave  Zinman News  Dave  Zinman on Facebook
Vice President
Kamal Kaur
  Kamal  Kaur LinkedIn Profile  Kamal  Kaur Twitter Account  Kamal  Kaur News  Kamal  Kaur on Facebook
VP - Engineering
Eugene Kislyi
  Eugene  Kislyi LinkedIn Profile  Eugene  Kislyi Twitter Account  Eugene  Kislyi News  Eugene  Kislyi on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/28/2005: Sciona venture capital transaction
Next: 3/1/2005: Frontier Silicon Limited venture capital transaction

 

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