Tech Company Financing Transactions

eXelate Funding Round

On 9/24/2012, eXelate secured $12 million in Series C financing from NewSpring Capital, ForgePoint Capital and Menlo Ventures.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C

NewSpring Capital (Lead Investor) (Glenn Rieger)

ForgePoint Capital

Menlo Ventures (Mark Siegel)

Viola Ventures (Shlomo Dovrat)

Proceeds Purpose
With offices in New York, Chicago, San Francisco, London, Paris and Tel Aviv, the company's already robust worldwide operations will grow from both additional geographical expansion and from mobile and analytics product line introductions. Additionally, the company will look to explore complementary acquisitions.

Company Information

Company Status
Acquired or Merged
Mailing Address
7 W. 22nd St. 9th Floor
New York, NY 10010
Email Address
eXelate was created to address the deficiency in targeted data, which we believe delays the progress of web-based advertising as a whole. Unlike the other major targeting-related players, eXelate believes in sharing data and related revenues.
eXelate LinkedIn Company Profile
Social Media
eXelate Company Twitter Account
Company News
eXelate News
eXelate on Facebook
eXelate on YouTube

Management Team

Email & Social
Chief Executive Officer
Mark Zagorski
  Mark Zagorski LinkedIn Profile  Mark Zagorski Twitter Account  Mark Zagorski News  Mark Zagorski on Facebook
Chief Financial Officer
Damian Garbaccio
  Damian Garbaccio LinkedIn Profile  Damian Garbaccio Twitter Account  Damian Garbaccio News  Damian Garbaccio on Facebook
Chief Technical Officer
Elad Efraim
  Elad Efraim LinkedIn Profile  Elad Efraim Twitter Account  Elad Efraim News  Elad Efraim on Facebook
Meir Zohar
  Meir Zohar LinkedIn Profile  Meir Zohar Twitter Account  Meir Zohar News  Meir Zohar on Facebook



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We do our best to document 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, an affiliated venture.


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