Advertising - Tuesday, June 30, 2009
Simage's TV Network For Bars Raises $1.4M 1st Round
Chicago's Simage has raised $1.4M in a first-round from Horizon Investment Partners and angels. This is a location based entertainment company that sells ads to local businesses. Location based entertainment has been a hot market in locations like malls, elevators, and hotels, however, this is the first one that we have come across that targets bars. Simage says that its a wide open space as competitors have gone bust. We are not sure we buy into the statement from Simage's CEO: “You look at ... Full Story
Advertising - Thursday, June 25, 2009
Small Biz SEM's ClickFuel Raises $2.5M
Boston's ClickFuel has raised $2.5M in series A from Chicago-based Baird Venture Partners. CEO and founder Steve Pogorzelski had bootstrapped the Boston-based search engine marketing company with a $300K investment. ClickFuel targets small companies... Full Story
Advertising - Monday, June 22, 2009
Time Warner Leads $15M Investment in Online Ads' Tumri
Tumri has raised $15M including more than $10M in equity from Time Warner Investments. Back were existing investors Accel Partners, and Shasta Ventures and Tenaya Capital. It has raised $31.5M to date. Tumri competes in the display ad market but see... Full Story
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