Admiral Secures $2,500,000 New Funding

  • Feed Type
  • Date
    7/8/2016
  • Company Name
    Admiral
  • Mailing Address
    Undisclosed Gainesville, FL 98033 USA
  • Company Description
    The power of the internet to inform, entertain and liberate mankind is at a crossroads. The future of ad-supported content is in peril, and with it, free access for citizens to critical news, education, discourse and resources the world over.
  • Website
    http://www.getadmiral.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company intends to use the funds to expand its New York-based sales and marketing to premium publishers worldwide, while also growing adoption of its WordPress Plugin to measure adblock impacts and promoting its Partner Program to recover and share revenue with select adtech partners most severely impacted by adblock.
  • M&A Terms
  • Venture Investor
    New World Angels
  • Venture Investor
    Birchmere Ventures
  • Venture Investor
    Mosley Ventures
  • Venture Investor
    GulfSouth Capital
  • Venture Investor
    Florida Institute for the Commercialization of Public Research