Crowd Factory Receives $6,500,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9f07aa71-d58c-4e9c-8621-86689e0c1614&Preview=1
Date
1/26/2011
Company Name
Crowd Factory
Mailing Address
333 S. W. 5th Ave Portland, OR 97204
Company Description
Traditional media are losing their reach. The emerging social media – online identity, communication, consumer-generated content, and traditional media combine to create compelling experiences for consumers. Social media have surpassed simple trend into phenomenon.
Website
http://www.crowdfactory.com
Transaction Type
Venture Equity
Transaction Amount
$6,500,000
Transaction Round
Undisclosed
Proceeds Purposes
The company plans to use the funding to support development and marketing of its suite of social marketing applications.
M&A Terms
Venture Investor
Storm Ventures
Venture Investor
Hummer Winblad Venture Partners
Venture Investor
Undisclosed