Tech Company Financing Transactions
Mercent Funding Round
On 1/16/2008, Mercent raised $6.5 million in Series B investment from TVC Capital, Hillman Company and Madrona Venture Group.
Transaction Overview
Company Name
Announced On
1/16/2008
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Series B
Investors
Proceeds Purpose
Proceeds from this round of financing will be used to accelerate Mercent's sales and marketing activities, introduce new value-added performance marketing services, and expand advertising distribution through The Mercent Shopping Network.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
1633 Westlake Ave N 200
Seattle, WA 98109
USA
Seattle, WA 98109
USA
Phone
Website
Email Address
Overview
Founded by veterans of Amazon.com, Mercent provides online marketing technology and services to help retail merchants optimize performance across online channels. Mercent's on-demand platform, Mercent Retail, increases revenue and gross margins by promoting the right products with the right offers in the right online channels.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eric Best
VP - Client Services
Frank Kochenash
VP - Engineering
Chris Farah
VP - Finance
John Wade
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