Magnetic Secures $10,000,000 Series B Funding

  • Feed Type
  • Date
    6/7/2012
  • Company Name
    Magnetic
  • Mailing Address
    311 W. 43rd St. New York, NY 10036
  • Company Description
    Magnetic is search re-targeting. The Magnetic data marketplace empowers advertisers and publishers to use search data as the key indicator of intent and re-target campaigns to the most relevant audience online. With more than 270 million search profiles, Magnetic significantly lifts the value of media and improves campaign performance.
  • Website
    http://www.magnetic.is
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    With this new investment, Magnetic will have the means to further its mission to drive better display ad performance and expand search campaigns for marketers, while also further accelerating growth and supporting innovative product development.
  • M&A Terms
  • Venture Investor
    Edison Ventures
  • Venture Investor
    IA Ventures
  • Venture Investor
    NYCSeed
  • Venture Investor
    Neu Venture Capital
  • Venture Investor
    Charles River Ventures
  • Venture Investor
    Individual Investor