Perfect Market Technologies Obtains $9,000,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=66c31832-bcb9-4bb4-a717-d462f31030e3&Preview=1
Date
1/18/2011
Company Name
Perfect Market Technologies
Mailing Address
2400 N. Lincoln Avenue Altadena, CA 91001
Company Description
Perfect Market, Inc. is a marketing services company that helps online publishers monetize their large libraries of archived content with little or no risk to the publisher. The company applies proprietary processes to this problem, including cutting edge economics, natural language and machine learning algorithms. The Perfect Market solution fully complements existing Search Engine Optimization (SEO) and Search Engine Marketing (SEM) programs by delivering underutilized web archives to end-users and advertisers.
Website
http://www.perfectmarket.com
Transaction Type
Venture Equity
Transaction Amount
$9,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The money will also allow Perfect Market to build out the product to match what Schonfeld said is an expanding vision.
M&A Terms
Venture Investor
Comcast Interactive Capital
Venture Investor
Trinity Ventures
Venture Investor
Rustic Canyon Partners