Tech Company Financing Transactions

GumGum Funding Round

GumGum, operating out of Santa Monica, secured $26 million from Morgan Stanley Expansion Capital, First Round Capital and New Enterprise Associates.

Transaction Overview

Company Name
Announced On
5/28/2015
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Series C
Investors

Morgan Stanley Expansion Capital (Lead Investor) (Robert Bassman)

First Round Capital (Howard Morgan)

New Enterprise Associates (Kittu Kolluri)

Upfront Ventures (Mark Suster)

Proceeds Purpose
The new growth round of funding will enable GumGum to accelerate its expansion into international markets;strengthen R&D resources across image recognition and computer vision; andcontinue its native, programmatic and social product development.

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: 5/28/2015: CitizenShipper venture capital transaction
Next: 5/28/2015: Persimmon Technologies venture capital transaction

 

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