Tech Company Financing Transactions

AddThis Funding Round

AddThis closed a $20 million Series D funding round on 5/10/2011. Investors included IVP, New Enterprise Associates and Novak Biddle Venture Partners.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series D

IVP (Lead Investor) (Sandy Miller)

New Enterprise Associates (Harold Weller)

Novak Biddle Venture Partners (Philip Bronner)

Proceeds Purpose
The funding will be used to accelerate Clearspring's next-generation publisher products and continued growth of its advertising offerings, as well as to help fuel strategic acquisitions.

Company Information

Company Status
Acquired or Merged
Internet & IoT
Mailing Address
1595 Spring Hill Rd. 300
Vienna, VA 22182
Email Address
AddThis is the leading provider of cross-platform widget services. Our goal is to make it easy to use content and services from across the Internet to weave personalized experiences. With our flagship service, digital content and service providers can easily package, distribute, and analyze the performance of widgets via a single platform.
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Company News
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Management Team

Email & Social
Chief Executive Officer
Richard Harris
  Richard Harris LinkedIn Profile  Richard Harris Twitter Account  Richard Harris News  Richard Harris on Facebook
Chief Operating Officer
Hal Muchnick
  Hal Muchnick LinkedIn Profile  Hal Muchnick Twitter Account  Hal Muchnick News  Hal Muchnick on Facebook
Chief Technical Officer
Matt Abrams
  Matt Abrams LinkedIn Profile  Matt Abrams Twitter Account  Matt Abrams News  Matt Abrams on Facebook
VP - Engineering
Charlie Reverte
  Charlie Reverte LinkedIn Profile  Charlie Reverte Twitter Account  Charlie Reverte News  Charlie Reverte on Facebook
VP - Product Management
Rich Labarca
  Rich Labarca LinkedIn Profile  Rich Labarca Twitter Account  Rich Labarca News  Rich Labarca on Facebook
VP - Sales
Perry Nusbaum
  Perry Nusbaum LinkedIn Profile  Perry Nusbaum Twitter Account  Perry Nusbaum News  Perry Nusbaum on Facebook



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Prev: 5/9/2011: Row Sham Bow venture capital transaction
Next: 5/10/2011: Sourcebits venture capital transaction


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


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