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
9/24/2012
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series C
Investors
NewSpring Capital (Lead Investor) (Glenn Rieger)
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
Industry
Software
Mailing Address
7 W. 22nd St. 9th Floor
New York, NY 10010
USA
New York, NY 10010
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Zagorski
Chief Financial Officer
Damian Garbaccio
Chief Technical Officer
Elad Efraim
Co-Founder
Meir Zohar
Browse more venture capital transactions:
Prev: 9/24/2012: Tengion venture capital transaction
Next: 9/24/2012: SimpliVity venture capital transaction
Share this article
About Our VC Transactions Data
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 VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs