Monetate Inks $5.1 Million in Venture Capital

Philadelphia-based Monetate, which provides testing, targeting, and personalization for websites, has raised $5.1 million from investors including First Round Capital and Floodgate Fund. Formed in 2008, Monetate’s customers include QVC, Urban Outfitters and The Sports Authority. The company will use the new financing to expand its sales and tech support efforts.

6 December 2010•4 mins read
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