Molio Raises $1M Credit Facility

molioMolio, Inc., a Salt Lake City-based creative and media agency focused on building brands through YouTube, raised a $1 million credit facility.

Square 1 Bank provided the financing.

The company intends to use the funds to accelerate growth and expansion.

A 2015 spin-off of oral care company, Orabrush, Molio combines intelligent ad placement software and advertising services such as content creation, video optimization and media placement to generate hyper-targeted marketing campaigns to increase awareness, engagement and conversions.

The company is backed by Greycroft Partners, True Ventures, Subtraction Capital, Advancit Capital and Peak Ventures.

FinSMEs

30/09/2015

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