Tech Company Financing Transactions

Sidecar Funding Round

Ascent Venture Partners and private investors participated in a $8 million Series B funding round for Sidecar. The round was announced on 11/23/2015.

Transaction Overview

Company Name
Announced On
11/23/2015
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series B
Investors

Ascent Venture Partners (Lead Investor) (Luke Burns)

Proceeds Purpose
Sidecar will use the funds to further develop technologies that optimize product advertising channels, which have seen a surge in growth and popularity in 2015 with the rollout of Google Shopping and Facebook Dynamic Products Ads. Sidecar will also make significant investments in sales and marketing to continue fueling growth and satisfying the demand for its award-winning marketing technology.

Company Information

Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1 S. Broad St. 20th Floor
Philadelphia, PA 19107
USA
Overview
Sidecar is a programmatic advertising technology that helps retailers get optimal results in Product Listing Ad channels like Google Shopping, Bing Shopping and comparison shopping engines. Retailers that use Sidecar outrank the competition, maximize revenue at a lower cost of sale and increase new customer acquisition rates.
Profile
Sidecar LinkedIn Company Profile
Social Media
Sidecar Company Twitter Account
Company News
Sidecar News
Facebook
Sidecar on Facebook
YouTube
Sidecar on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Andre Golsorkhi
  Andre Golsorkhi LinkedIn Profile  Andre Golsorkhi Twitter Account  Andre Golsorkhi News  Andre Golsorkhi on Facebook
Chief Operating Officer
Steve Tutelman
  Steve Tutelman LinkedIn Profile  Steve Tutelman Twitter Account  Steve Tutelman News  Steve Tutelman on Facebook


 

 

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Prev: 11/23/2015: LogicMonitor venture capital transaction
Next: 11/23/2015: Recombinetics venture capital transaction

 

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Our team works diligently to report on every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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