Lotame Solutions Receives $5.5M Venture Loan Facility from Horizon Technology Finance

Lotame Solutions, Inc., a New York, NY- and and Columbia, MD-based data management platform for publishers, ad networks and marketers, received a $5.5m venture loan facility from Horizon Technology Finance Corporation (Nasdaq: HRZN).

The company intends to use the financing to strengthen global initiatives across five continents, and expand the sales, technology, and executive teams (read here).

Led by Andy Monfried, Founder & CEO, Lotame provides management solutions to enable publishers, networks, and brands collect unstructured audience data from disparate sources, and organize it into one interface to convert that audience data into action, insights and intelligence everywhere.

FinSMEs

27/03/2013

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