Adchemy Receives $61,000,000 Series E Financing Round

  • Feed Type
  • Date
    9/21/2011
  • Company Name
    Adchemy
  • Mailing Address
    1001 E. Hillsdale Blvd. 7th Floor Foster City, CA 94404
  • Company Description
    Adchemy develops software that is revolutionizing the world of online customer acquisition. The company’s mission is to combine the vast amount of data on the Web with its advanced scientific algorithms to give marketers a powerful product suite designed to significantly increase qualified users and reduce acquisition costs, turning marketing into a revenue engine for companies.
  • Website
    http://www.adchemy.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $61,000,000
  • Transaction Round
    Series E
  • Proceeds Purposes
    Microsoft and Adchemy will team to expand the availability of the Adchemy IntentMap(TM) technology that will help Microsoft adCenter customers create more relevant ads based on consumer intent.
  • M&A Terms
  • Venture Investor
    Microsoft
  • Venture Investor
    August Capital
  • Venture Investor
    Mayfield Fund