Tech Company Financing Transactions

Magnetic Funding Round

Magnetic closed a $4 million Series A financing round on 6/16/2010. Investors included CRV, SV Angel and NYCSeed.

Transaction Overview

Company Name
Announced On
6/16/2010
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Series A
Investors

CRV (Lead Investor) (Saar Gur)

SV Angel (Lead Investor) (Ron Conway)

NYCSeed

Proceeds Purpose
Magnetic will leverage new capital to further build its core search re-targeting technology and expand with new solutions for advertisers and marketers that bring synergy to display media and search data. With this latest investment, Magnetic has the resources to push forward on its mission to make search re-targeting easy for all types of media buyers.

Company Information

Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
5-9 Union Sq. West 3rd Floor
New York, NY 10003
USA
Email Address
Overview
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.
Profile
Magnetic LinkedIn Company Profile
Social Media
Magnetic Company Twitter Account
Company News
Magnetic News
Facebook
Magnetic on Facebook
YouTube
Magnetic on YouTube

Management Team

Title
Name
Email & Social
Chairman
Corey Ferengul
  Corey Ferengul LinkedIn Profile  Corey Ferengul Twitter Account  Corey Ferengul News  Corey Ferengul on Facebook
Chief Marketing Officer
Alex Kelleher
  Alex Kelleher LinkedIn Profile  Alex Kelleher Twitter Account  Alex Kelleher News  Alex Kelleher on Facebook
Chief Operating Officer
Rick Glickman
  Rick Glickman LinkedIn Profile  Rick Glickman Twitter Account  Rick Glickman News  Rick Glickman on Facebook
Chief Technical Officer
Paul Phillips
  Paul Phillips LinkedIn Profile  Paul Phillips Twitter Account  Paul Phillips News  Paul Phillips on Facebook
VP - Product Management
Sam Nunez
  Sam Nunez LinkedIn Profile  Sam Nunez Twitter Account  Sam Nunez News  Sam Nunez on Facebook
VP - Sales
Nick Greto
  Nick Greto LinkedIn Profile  Nick Greto Twitter Account  Nick Greto News  Nick Greto on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/16/2010: GageIn venture capital transaction
Next: 6/16/2010: AlienVault venture capital transaction

 

Share this article

 


About Our Venture Capital Transactions Database

We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary