Tech Company Financing Transactions

GumGum Funding Round

New Enterprise Associates, First Round Capital and Upfront Ventures joined a $7 million venture round for GumGum. The round was announced by the company on 10/24/2011.

Transaction Overview

Company Name
Announced On
10/24/2011
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors

New Enterprise Associates (Lead Investor)

First Round Capital (Howard Morgan)

Upfront Ventures (Mark Suster)

Proceeds Purpose
The new funding will be used to grow the ad sales infrastructure and team, towards the development of proprietary image recognition, ad serving, and ad matching technologies and for the expansion into additional territories

Company Information

Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
1314 7th St. 4th Floor 225
Santa Monica, CA 90401
USA
Email Address
Overview
GumGum is the premium in-image advertising platform for publishers, marketers, agencies and brands. Reaching millions of consumers as they view images across hundreds of premium websites, GumGum serves contextually relevant ads that yield higher engagement than traditional display banner advertising.
Profile
GumGum LinkedIn Company Profile
Social Media
GumGum Company Twitter Account
Company News
GumGum News
Facebook
GumGum on Facebook
YouTube
GumGum on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Phil Schraeder
  Phil Schraeder LinkedIn Profile  Phil Schraeder Twitter Account  Phil Schraeder News  Phil Schraeder on Facebook
Chief Financial Officer
Patrick Gildea
  Patrick Gildea LinkedIn Profile  Patrick Gildea Twitter Account  Patrick Gildea News  Patrick Gildea on Facebook
Chief Technical Officer
Ken Weiner
  Ken Weiner LinkedIn Profile  Ken Weiner Twitter Account  Ken Weiner News  Ken Weiner on Facebook
General Manager
Brian Kim
  Brian Kim LinkedIn Profile  Brian Kim Twitter Account  Brian Kim News  Brian Kim on Facebook
Vice President
Jay Dorman
  Jay Dorman LinkedIn Profile  Jay Dorman Twitter Account  Jay Dorman News  Jay Dorman on Facebook
VP - Bus. Development
Benjamin Plomion
  Benjamin Plomion LinkedIn Profile  Benjamin Plomion Twitter Account  Benjamin Plomion News  Benjamin Plomion on Facebook
VP - Bus. Development
Adam Schenkel
  Adam Schenkel LinkedIn Profile  Adam Schenkel Twitter Account  Adam Schenkel News  Adam Schenkel on Facebook
VP - Engineering
Vaibhav Puranik
  Vaibhav Puranik LinkedIn Profile  Vaibhav Puranik Twitter Account  Vaibhav Puranik News  Vaibhav Puranik on Facebook
VP - Human Resources
Kelly Battelle
  Kelly Battelle LinkedIn Profile  Kelly Battelle Twitter Account  Kelly Battelle News  Kelly Battelle on Facebook
VP - Operations
Travis O'Neil
  Travis O'Neil LinkedIn Profile  Travis O'Neil Twitter Account  Travis O'Neil News  Travis O'Neil on Facebook
VP - Sales
Dominic Zuccarini
  Dominic Zuccarini LinkedIn Profile  Dominic Zuccarini Twitter Account  Dominic Zuccarini News  Dominic Zuccarini on Facebook


 

 

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Prev: 10/24/2011: PharmaSecure venture capital transaction
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About Our Venture Capital Transactions Database

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

 


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