Delivery Agent, Inc., a San Francisco, CA-based provider of shopping-enabled programming and content monetization, has received $5m in venture debt from ATEL Ventures.
Delivery Agent, which delivers its services to more than 125 entertainment properties including major media companies ABC, CBS, NBC Universal, Twentieth Century Fox, MTV Networks, HBO, Martha Stewart Living Omnimedia, will use the funds to extend the company’s technology to serve “click-to-buy” applications for online video, mobile and set-top boxes.
The company also plans to fuel the company’s global growth, building its European client base and offering its U.S.-based clients opportunities to transact with audiences in international markets.
Commenting on the funding, Mike Fitzsimmons, Delivery Agent’s CEO, was reported as saying: “ATEL’s investment will provide us with the foundation we need to continue growing our business and achieve our vision for the future”.
FinSMEs
03/12/2009