alarm:clock

Advertising - Monday, February 19, 2007

Online Conversion Vendor MyBuys Raises Stealth Series C From Lightspeed

mybuys logo.png
Redwood Shores-based MyBuys has raised an undisclosed amount in Series C from Lightstpeed Ventures. It had raised $2.8M in in first round.

The company offers a hosted platform and pay-for-performance pricing model to eCommerce companies to help them with sales conversions and retention. It boasts Guess as one of its top clients and says that while the industry averages about 2% conversion, MyBuys says it delivered 13% for a leading women's shoe retailer.

The company's CEO is Robert Cell who was CEO of mall-based digital advertiser AdSpace Networks and before that he was COO of Blue Martini Software.

"Important Note: This funding has not been announced by the company, and was picked up through regulatory filings, press accounts, or other sources. Fundings picked up here could range from large venture deals, to individual angels, and also includes new individual executive staff investors, debt investments, or other equity-related transactions."

View - site

Post a comment




Remember Me?


More Recent Articles

ThumbPetra Solar Raises $40M For Utility Pole Panels

Tuesday February 9, 2010

Petra Solar out of South Plainfield, NJ has raised $40M in 2nd-round funding. Craton Equity Partners and EspĂ­rito Santo Ventures co-led the round and were joined by return backers Element Partners, Blue Run Ventures, OnPoint Technologies and Kuwait... Full Story

ThumbAudio Transcription's 3Play Media Seed Funded

Monday February 8, 2010

Play Media, out of Somerville, MA, has secured $450K of a $600K seed funding round. 3Play works on transcription, captioning, and audio search. Clients pay 3Play to use technology to convert audio recordings to text and then to clean up the errors w... Full Story

Listen to alarm:clock

alarm:clock © 2004-2008

Swift Internet