Tech Company Financing Transactions
BlueLithium Funding Round
On 2/28/2005, BlueLithium announced $11.5 million in Series A financing from 3i Venture Capital and Versant Ventures.
Transaction Overview
Company Name
Announced On
2/28/2005
Transaction Type
Venture Equity
Amount
$11,500,000
Round
Series A
Investors
3i Venture Capital (Lead Investor) (David Silverman)
Versant Ventures (Lead Investor) (Richard LeFurgy)
Proceeds Purpose
The funds will be used to expand advertising sales operations globally, most immediately with a UK presence, and to further deploy BlueLithium's optimization technology.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
104 5th Ave. 9th Flr
New York, NY 10011
USA
New York, NY 10011
USA
Phone
Website
Email Address
Not Recorded
Overview
BlueLithium is the performance-based advertising network that maximizes ROI through its proprietary ad serving technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gurbaksh Chahal
Chief Financial Officer
William Lonergan
Chief Marketing Officer
Dakota Sullivan
Chief Operating Officer
Scott Kauffman
Chief Technical Officer
David Mariani
General Manager
Jay Webster
General Manager
Dave Zinman
Vice President
Kamal Kaur
VP - Engineering
Eugene Kislyi
Browse more venture capital transactions:
Prev: 2/28/2005: Sciona venture capital transaction
Next: 3/1/2005: Frontier Silicon Limited venture capital transaction
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