Tech Company Financing Transactions

JiWire Funding Round

On 5/6/2011, JiWire landed $20 million in Series C funding from ForgePoint Capital, Comcast Ventures and Norwest Venture Partners.

Transaction Overview

Company Name
JiWire
Announced On
5/6/2011
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series C
Investors

ForgePoint Capital (Lead Investor) (John Moragne)

Comcast Ventures (David Horowitz)

Norwest Venture Partners (Joshua Goldman)

Panorama Capital

Threshold Ventures (Scott Lenet)

Proceeds Purpose
The new capital will be used to aggressively extend JiWire's leadership position in location-based advertising. The areas of growth include broadening its investment in new ad technology and products, pursuing additional M&A opportunities, such as its recent acquisition of NearbyNow, and further expanding internationally, having already entered the U.K. market last year.

Company Information

Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
150 Post St. 500
San Francisco, CA 94108
USA
Phone
(415) 821-8600
Website
www.jiwire.com
Email Address
[email protected]
Overview
JiWire is the leading mobile broadband advertising network, delivering premium, location-driven advertising on Wi-Fi and WiMAX networks. JiWire enables the mobile broadband ecosystem (wireless ISPs and device manufacturers) to monetize public mobile broadband access by delivering location-aware advertising as a form of connection currency.
Profile
JiWire LinkedIn Company Profile
Social Media
JiWire Company Twitter Account
Company News
JiWire News
Facebook
JiWire on Facebook
YouTube
JiWire on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Fordyce
  Michael Fordyce LinkedIn Profile  Michael Fordyce Twitter Account  Michael Fordyce News  Michael Fordyce on Facebook
Chief Financial Officer
Jeff Stephens
  Jeff Stephens LinkedIn Profile  Jeff Stephens Twitter Account  Jeff Stephens News  Jeff Stephens on Facebook
President
David Staas
  David Staas LinkedIn Profile  David Staas Twitter Account  David Staas News  David Staas on Facebook
VP - Bus. Development
Todd Rose
  Todd Rose LinkedIn Profile  Todd Rose Twitter Account  Todd Rose News  Todd Rose on Facebook
VP - Engineering
Lenny Blyukher
  Lenny Blyukher LinkedIn Profile  Lenny Blyukher Twitter Account  Lenny Blyukher News  Lenny Blyukher on Facebook
VP - Product Management
Mark Dixon
  Mark Dixon LinkedIn Profile  Mark Dixon Twitter Account  Mark Dixon News  Mark Dixon on Facebook
VP - Sales
Stephanie Vandenberg
  Stephanie Vandenberg LinkedIn Profile  Stephanie Vandenberg Twitter Account  Stephanie Vandenberg News  Stephanie Vandenberg on Facebook

 

 

Browse more venture capital transactions:

Prev: 5/6/2011: The Resumator venture capital transaction
Next: 5/9/2011: TabbedOut venture capital transaction

 

Share this article

 

News on VC Transactions

We do our best to report on funding rounds that are announced publicly. VC transactions reported here are sourced 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

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2024. Gaebler Ventures. All rights reserved.