Magnetic Receives $1,250,000 New Financing Round

  • Feed Type
  • Date
    3/22/2010
  • Company Name
    Magnetic
  • Mailing Address
    311 W. 43rd St. New York, NY 10036
  • Company Description
    Magnetic is search re-targeting. The Magnetic data marketplace empowers advertisers and publishers to use search data as the key indicator of intent and re-target campaigns to the most relevant audience online. With more than 270 million search profiles, Magnetic significantly lifts the value of media and improves campaign performance.
  • Website
    http://www.magnetic.is
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,250,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    By this spring, Magnetic will launch a search data marketplace that will extract maximum value out of search data to significantly lift the value of media and improve campaign performance for all forms of online ads.
  • M&A Terms
  • Venture Investor
    NYCSeed
  • Venture Investor
    IA Ventures