[Corrected 8/10/11, 2:25 pm. See below.] Nanigans, a Boston-based provider of a real-time bidding advertising platform for Facebook, announced today that it has closed a $3 million Series A round, led by Avalon Ventures. Nanigans said that it will be adding Avalon’s Rich Levandov to the board as a result of the funding, which also came from several Boston-based angel investors. [An earlier version of this story stated, based on a Nanigans press release, that Playfish, the social games unit of Electronic Arts, had also selected Nanigans as its exclusive advertising partner for Facebook. Nanigans has since retracted that press release, as it does not have an exclusive relationship with EA or Playfish.] Nanigans raised about $600,000 in funding last year, which we caught in our under-the-radar deals roundup.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
View all posts by Erin Kutz
