SlamAd Garners $1,250,000 Seed Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=77a58427-8249-4e04-86c2-2dc6ee1d14ee
Date
4/30/2015
Company Name
SlamAd
Mailing Address
Undisclosed New York, NY 10001 USA
Company Description
SlamAd is developing a mobile texting application that integrates advertising. It uses patent-pending technology to include special offers or ads inside the messaging bubble, and rewards the user with points for each offer or ad seen.
Website
http://www.slamad.com
Transaction Type
Venture Equity
Transaction Amount
$1,250,000
Transaction Round
Seed
Proceeds Purposes
The company intends to use the proceeds to grow the team and to enhance the platform with entertainment, gaming, and mobile content.
M&A Terms
Venture Investor