Spongecell Receives $4,000,000 New Funding Round

  • Feed Type
  • Date
    4/7/2015
  • Company Name
    Spongecell
  • Mailing Address
    261 Madison Avenue 12th Floor New York, NY 10016 USA
  • Company Description
    Spongecell transforms standard banner ads into dynamic flash ads with rich media-like functionality. The multi-media ads engage audiences longer, use no more real estate than a standard banner ad, and keep users on the publisher’s page.
  • Website
    http://www.spongecell.com
  • Transaction Type
    Debt
  • Transaction Amount
    $4,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. SEC regulatory filing. Contact technology company for investment details, if applicable. Not an offer or solicitation for sale of securities.
  • M&A Terms
  • Venture Investor