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
Transaction Type
Venture Equity
Series B

TVC Capital (Lead Investor) (Steven Hamerslag)

Hillman Company

Madrona Venture Group (Thomas Alberg)

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
Internet & IoT
Mailing Address
1633 Westlake Ave N 200
Seattle, WA 98109
Email Address
Founded by veterans of, 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.
Mercent LinkedIn Company Profile
Social Media
Mercent Company Twitter Account
Company News
Mercent News
Mercent on Facebook
Mercent on YouTube

Management Team

Email & Social
Chief Executive Officer
Eric Best
  Eric Best LinkedIn Profile  Eric Best Twitter Account  Eric Best News  Eric Best on Facebook
VP - Client Services
Frank Kochenash
  Frank Kochenash LinkedIn Profile  Frank Kochenash Twitter Account  Frank Kochenash News  Frank Kochenash on Facebook
VP - Engineering
Chris Farah
  Chris Farah LinkedIn Profile  Chris Farah Twitter Account  Chris Farah News  Chris Farah on Facebook
VP - Finance
John Wade
  John Wade LinkedIn Profile  John Wade Twitter Account  John Wade News  John Wade on Facebook



Browse more venture capital transactions:

Prev: 1/16/2008: Nanoptek venture capital transaction
Next: 1/17/2008: Conduit venture capital transaction


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