Tuesday, January 13, 2009

Go Internet Media Raises $10M

Santa Clara-based Go Internet Media said this morning that it has raised $10M in funding for the firm's Internet advertising network. The firm said the funding came was led by private equity firm Kennet. Javier Rojas and Gustavo Alberelli of Kennet will join Go Internet Media's board along with the funding. Go Internet Media said the funding will go towards expanding its sales force and strengthening its balance sheet. The firm focused on lead generation for vertical markets such as post-secondary education; the firm said it is profitable. More information »