SpotXchange Inks $12 Million from H.I.G.
Denver-based start-up SpotXchange has closed on $12 million in a first round of institutional financing from H.I.G. Growth Partners. The company, which operates an online video advertising network, said that it has been profitable since early 2010, and is using the financing to expand its international presence and to further develop its technology. H.I.G. Growth Partners’ John Kim and Nik Shah will join SpotXchange's board as a result of the financing.
15 December 2010•4 mins read
