Lotame Solutions Obtains $5,500,000 New Financing

  • Feed Type
  • Date
    3/27/2013
  • Company Name
    Lotame Solutions
  • Mailing Address
    440 9th Ave. 18th Floor New York, NY 10001
  • Company Description
    Lotame was constructed to deliver advanced revenue solutions in the social media space. Realizing that social media is continuously growing and evolving, Lotame has developed technologies that can adapt and learn from this ever-changing media landscape.
  • Website
    http://www.lotame.com
  • Transaction Type
    Debt
  • Transaction Amount
    $5,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    With Horizon’s financial support, Lotame plans to strengthen global initiatives across five continents, and make key hiring decisions to expand the sales, technology, and executive teams.
  • M&A Terms
  • Venture Investor
    Horizon Technology Finance