Conduit Ltd. Receives $100,000,000 New Financing Round

  • Feed Type
  • Date
    4/11/2012
  • Company Name
    Conduit Ltd.
  • Mailing Address
    400 S. El Camino Real San Francisco, CA 94402
  • Company Description
    Conduit provides web publisher syndication solutions that increase site traffic, revenue and brand loyalty while simplifying access to the content, communities and applications that subscribers care about most. By creating a direct, always-on connection between publishers and subscribers, Conduit opens new channels for real-time communication and extensive website syndication.
  • Website
    http://www.conduit.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $100,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The investment fund, which is being advised by J.P. Morgan Asset Management but was not further identified has agreed to buy up the remaining stake of early Conduit investor Yosma Venture Capital.
  • M&A Terms
  • Venture Investor
    Undisclosed