Clovr Media Garners $1,500,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ca5d9789-78a6-4969-9ae9-966ddffc0960&Preview=1
Date
10/19/2010
Company Name
Clovr Media
Mailing Address
225 Franklin St., 26th Floor Boston, MA 02110
Company Description
Card Linked Offers (CLOs) are the next generation of digital advertising. A seamless savings experience for consumers, CLOs offer a leap forward for Financial Institutions’ customer loyalty programs and a completely new form of digital advertising. Clovr Media’s Gateway is the bridge between advertisers, consumers and Financial Institutions, delivering pinpoint targeting and accountability for online and mobile advertising.
Website
http://www.clovrmedia.com
Transaction Type
Venture Equity
Transaction Amount
$1,500,000
Transaction Round
Undisclosed
Proceeds Purposes
The company plans to use the capital to launch its card linked offer platform.
M&A Terms
Venture Investor
Kepha Partners
Venture Investor
Undisclosed