Tech Company Financing Transactions

Rhythm New Media Funding Round

The Carlyle Group, Lightspeed Venture Partners and Morgenthaler Ventures invested in a $18 million Series B funding round for Rhythm New Media. This VC investment round was announced on 10/30/2006.

Transaction Overview

Company Name
Announced On
10/30/2006
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series B
Investors

The Carlyle Group (Lead Investor) (Allan Thygesen)

Lightspeed Venture Partners (Christopher Schaepe)

Morgenthaler Ventures (Gary Little)

Rembrandt Venture Partners

Proceeds Purpose
CEO Ujjal Kohli stated, "This new capital will allow Rhythm to rapidly expand our product offering and expand into new markets."

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


 

 

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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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