Got Funds? Bizo & gWallet
ADOTAS – B2B audience targeting platform and advertising network Bizo raked in $6 million in its latest round of financing. Leading the funding pack was Bessemer partners, with existing investors Venrock, Vulcan and Ascent also chipping in some dough. Bizo plans to use the funding to increase its sales and marketing teams and invest in product development.
Also, virtual currency monetization companies haven’t been painted so rosily in the press of late, but that hasn’t stopped them from bringing in investor cash. Startup gWallet, a social media monetization platform, closed its first round of institutional funding, bringing its total investments to a cool $12.5 million. Adams Street Partners and Trinity Ventures led the cash-raisers.
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