Spongecell is kicking off the new year with big news. We’re pleased to announce that Safeguard Scientifics, Inc. has led our Series B financing with an investment of $10 million. “In order to support our growth within this fast-moving marketplace, … Continued
Spongecell Press
Xconomy: Spongecell, Backed by Eric Schmidt, Squeezes Social Media and Video Into Banner Ads
by João-Pierre S. Ruth 8/30/11 Ben Kartzman wants banner ads to do more than sit and wait to be clicked. As common as that mode of marketing has become, he believes his company, , can more efficiently engage the public by weaving … Continued
2011 Inc. 500 Fastest Growing Companies!
We are proud to announce that Spongecell has been ranked the 76th fastest growing company on the 2011 Inc. 500 list, with a 3-year growth of +3,064%! Spongecell is also the 7th fastest growing company in the state of New York, … Continued
WSJ.com: Hedge-Fund Investors Scout Out Web Firms
By SPENCER E. ANTE Spurred by their appetite for technology companies and seeking higher returns, a growing number of hedge-fund managers have started to invest more in private Internet companies. When daily-coupon website LivingSocial Inc. said it raised $400 million … Continued
[ANNOUNCEMENT] New Funding
Spongecell is extremely excited and proud to welcome some new key investors. As we continue to grow, it’s become most important for us to find the right people to join and partner with our team. We are certain that the … Continued