CampusLive Receives $3,100,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=44b25fe7-2cc7-46bf-81e5-f099193a69d3&Preview=1
Date
4/17/2011
Company Name
CampusLive
Mailing Address
108 Lincoln St. Boston, MA 02111
Company Description
CampusLIVE is a platform that enables students to connect to brands in fun and exciting ways. We create “engagement” campaigns for sponsors like Ace Ticket, Peter Pan Bus Lines, Comcast, HotelPlanner.com and Big Y Supermarkets. These campaigns offer students the opportunity to win awesome prizes, exclusive trips and huge discounts in exchange for playing social games.
Website
http://www.CampusLIVE.com
Transaction Type
Venture Equity
Transaction Amount
$3,100,000
Transaction Round
Undisclosed
Proceeds Purposes
The company will use the financing to hire a sales team to chase national brands.
M&A Terms
Venture Investor
Highland Capital Partners
Venture Investor
Charles River Ventures