Medialets Receives $6,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3443ac16-99de-41f0-98b1-6682176a10a6&Preview=1
Date
8/10/2010
Company Name
Medialets
Mailing Address
450 W. 15th Street New York, NY 10011
Company Description
Medialets is a New York City-based rich media advertising and analytics platform for native applications on devices such as iPhone and Android. Medialets works with agencies and brands to define and deploy innovative ad campaigns that tap into all of the capabilities of the iPhone. Medialytics, Medialets’ free analytics and reporting solution, is the leading analytics and advertising solution for the world’s most downloaded iPhone applications.
Website
http://www.medialets.com/
Transaction Type
Venture Equity
Transaction Amount
$6,000,000
Transaction Round
Series B
Proceeds Purposes
Medialets will use the funds to expand the capabilities of its mobile rich media ad platform and supporting tools in order to bring rich media ads to the broadest range of advertisers possible.
M&A Terms
Venture Investor
Foundry Group
Venture Investor
DFJ Gotham
Venture Investor
500 Startups