Futuri Media LLC, a suburban Cleveland, Ohio-based provider of SaaS technology for audience engagement and sales intelligence to broadcasters and publishers, received an investment from Millpond Equity Partners.
Additional financing for the transaction was provided by JP Morgan Asset Management, Aberdeen Standard Investments, Oxer Capital, First Merchants Bank, management, and original angel investor Zapis Capital Group.
The amount of the deal was not disclosed.
The company intends to use the proceeds to broaden and enhance its service offering.
Founded in 2009 by Daniel Anstandig, Futuri Media offers customers a SaaS comprehensive suite of products and services designed to drive audience and revenue growth and enhance sales team productivity. The company’s audience engagement suite, including its POST podcasting and on-demand system and TopicPulse real-time social intelligence platform, provides tools that maximize ROI on content investments and enable creators to expand distribution. Its sales intelligence platform, TopLine, provides client sales teams’ data-driven intelligence and content designed to increase sales efficacy and productivity.
Futuri currently serves more than 1,500 broadcasters worldwide that reach more than 100 million consumers daily.