TargetCast Networks Lands $6,500,000 Series B Funding

  • Feed Type
  • Date
    9/30/2009
  • Company Name
    TargetCast Networks
  • Mailing Address
    2400 Camino Ramon San Ramon, CA 94583
  • Company Description
    TargetCast Networks™ is the breakthrough digital technology that lets venue operators create and post their own, custom designed promotional messages directly on TV sets their customers are already watching…where…and when they’re watching them! TargetCast Networks™ also provides local, regional and national advertisers with the power to reach their target audience (and only their target audience) with customized TV advertising …at a fraction of the cost of traditional broadcast buys.
  • Website
    http://www.targetcastnetworks.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The funding will be used to fuel expansion of the company’s advertising network and to cultivate strategic partnerships to sell advertising and to build an internal advertising sales team.
  • M&A Terms
  • Venture Investor
    Claremont Creek Ventures
  • Venture Investor
    Draper Fisher Jurvetson