Nanigans Receives $3,000,000 Series A Financing Round

  • Feed Type
  • Date
    8/9/2011
  • Company Name
    Nanigans
  • Mailing Address
    141 Tremont St. 7th Floor Boston, MA 02111
  • Company Description
    Founded by veteran entrepreneurs with specialties in performance and social marketing, Nanigans was formed to help advertisers maximize the effectiveness of Facebook advertising. Nanigans is the only real-time bidding platform for the Facebook ads marketplace that optimizes for downstream actions and lifetime customervalue. Nanigans’ Ad Engine enables marketers to automate the labor-intensive process of delivering social ads at scale and overcome the challenges involved in optimizing for revenue generating customers and return on ad spend.
  • Website
    http://www.nanigans.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Nanigans will use the financing to expand its team and its Ad Engine platform.
  • M&A Terms
  • Venture Investor
    Avalon Ventures
  • Venture Investor
    Undisclosed