DataSphere Technologies Raises $8M Series D Funding

DataSphere Technologies, a Bellevue, Wa-based online marketing company, has raised an $8m Series D round of funding.

The round was led by private growth equity investor First Analysis, with participation from existing investors OVP Venture Partners and Ignition Partners.

The company intends to use the capital to expand service offerings and sales capacity.

Led by CEO Satbir Khanuja, DataSphere provides services designed to help local businesses build their brands and reach new customers. Its solutions include exclusive association with local media brands, a Web large local coupon network, custom video ads, Facebook integration, mobile marketing, email campaigns, etc.
The company’s platform also offers content and sales solutions to major media companies, including Gannett, Meredith Corporation, Raycom Media, Local TV LLC, Fisher Communications and Hubbard Broadcasting.

FinSMEs

13/03/2012

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