Tech Company Financing Transactions

X Plus One Funding Round

X Plus One, based in New York, raised $16 million from Advanced Technology Ventures, Blue Chip Venture Company and Hudson Ventures.

Transaction Overview

Company Name
X Plus One
Announced On
5/28/2008
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Undisclosed
Investors

Advanced Technology Ventures (Lead Investor) (Robert Hower)

Blue Chip Venture Company (Mark Wright)

Hudson Ventures

Proceeds Purpose
The investment will accelerate [x+1]'s developmental initiatives in both media and website optimization as well as extend the application of [x+1]'s patented Predictive Optimization Engine (POE) to paid search and other market opportunities.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
315 Park Ave. South 12th Floor
New York, NY 10010
USA
Phone
(212) 741-4222
Website
www.xplusone.com
Email Address
[email protected]
Overview
x+1 provides a continuous optimization solution that equips online marketers with real-time, automated decision-making that lifts ad and site conversion rates.
Profile
X Plus One LinkedIn Company Profile
Social Media
X Plus One Company Twitter Account
Company News
X Plus One News
Facebook
X Plus One on Facebook
YouTube
X Plus One on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
John Nardone
  John Nardone LinkedIn Profile  John Nardone Twitter Account  John Nardone News  John Nardone on Facebook
Chief Operating Officer
Peter Massey
  Peter Massey LinkedIn Profile  Peter Massey Twitter Account  Peter Massey News  Peter Massey on Facebook
Founder
Ted Shergalis
  Ted Shergalis LinkedIn Profile  Ted Shergalis Twitter Account  Ted Shergalis News  Ted Shergalis on Facebook

 

 

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Prev: 5/28/2008: EnvIO Networks venture capital transaction
Next: 5/28/2008: Laser Light Engines venture capital transaction

 

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