Tech Company Financing Transactions

Rhythm New Media Funding Round

Rhythm New Media, based in Mountain View, secured $10 million from QuestMark Partners, Lightspeed Venture Partners and Morgenthaler Ventures.

Transaction Overview

Company Name
Announced On
11/11/2010
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series C
Investors

QuestMark Partners (Lead Investor) (Benjamin Schapiro)

Lightspeed Venture Partners (Christopher Schaepe)

Morgenthaler Ventures (Gary Little)

Rembrandt Venture Partners

Proceeds Purpose
Rhythm will use the funds to further fuel the rapid expansion of its mobile video ad network as demand for mobile video is growing sharply.

Company Information

Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
800 W. El Camino Real 100
Mountain View, CA 90040
USA
Email Address
Not Recorded
Overview
Rhythm is a company enabling ad-supported mobile media, end-to-end. Rhythm's solution is designed to support advertising on mobile video, WAP/HTML, mobile search, and mobile messaging. Rhythm's technology enables advertising that has broad reach, sharp targeting and precise frequency management.
Profile
Rhythm New Media LinkedIn Company Profile
Social Media
Rhythm New Media Company Twitter Account
Company News
Rhythm New Media News
Facebook
Rhythm New Media on Facebook
YouTube
Rhythm New Media on YouTube

Management Team

Title
Name
Email & Social
VP - Operations
Joe Gruender
  Joe Gruender LinkedIn Profile  Joe Gruender Twitter Account  Joe Gruender News  Joe Gruender on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/11/2010: Superfish venture capital transaction
Next: 11/11/2010: DataPop venture capital transaction

 

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About Our VC Transactions Data

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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