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Publishing - Tuesday, March 6, 2007

Land Of Misfit Web Sites: Canada's Privately Held Geosign Raises $160M

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This deal is bound do put behind-the-scenes player Geosign on the map. The Canadian company has quitly build a collection of 180 web sites covering a broad range of topics that appeal to advertisers. These sites get over 35M unique visitors monthly.

The company has taken $160M from American Capital Strategies Ltd. (Nasdaq: ACAS). Geosign recently teamed with Go2 to get a foot in the door of the nascent mobile directory marketplace and may have invested $13M in Go2.

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Read - Geosign® Completes $160 Million Private Placement With American Capital (Release)

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