DataSphere Obtains $8,000,000 Series D Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cc4195d8-bef4-4821-a640-b851c23374df&Preview=1
Date
3/15/2012
Company Name
DataSphere
Mailing Address
15395 SE 30th Place Bellevue, WA 98007
Company Description
DataSphere Technologies, Inc. is a Software as a Service (SaaS) Web technology company built by a group of senior online technologists and Web marketers. The DataSphere team has an unparalleled ability to deliver increased revenue to Web site owners through better search and discovery, traffic generation and other user experience improvements.
Website
http://www.datasphere.com
Transaction Type
Venture Equity
Transaction Amount
$8,000,000
Transaction Round
Series D
Proceeds Purposes
The investment will be used to expand service offerings and sales capacity, continuing DataSphere’s rapid growth in the $100 billion US local advertising market.
M&A Terms
Venture Investor
OVP Venture Partners
Venture Investor
Ignition Partners
Venture Investor
Undisclosed