Associated Content, Inc. Raises $5.4M; Broadband Focused Investor SOFTBANK Capital Leads Financing Round.DENVER -- Associated Content Associated Content is “The People’s Media Company,” an online publisher and distributor of participatory media. Associated Content enables everyone to publish their content in any format on any topic and then distributes that content to engaged audiences through , Inc., an online publisher of valuable, user-driven content, announced its securing of $5.4 million of Series A equity capital. SoftBank Capital SOFTBANK Capital is a venture capital group in the United States. See also
 This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. , led the investment round. Associated Content will use the funding to rapidly grow its user-driven information portal, AssociatedContent.com, to augment aug·ment v. aug·ment·ed, aug·ment·ing, aug·ments v.tr. 1. To make (something already developed or well under way) greater, as in size, extent, or quantity: its leadership with additional top media professionals, and to continue to develop the Company's proprietary publishing tools and platform. Concurrently, Associated Content announced the appointment of Eric Hippeau and Mike Perlis, both partners at SoftBank Capital, to its Board of Directors. Hippeau and Perlis join Ron Conway, Rich LeFurgy, founder Luke Beatty, and Non Executive Chairman Tim Armstrong on the Board of Directors. "Associated Content is a leader and innovator in the user-driven content space. They have built a massive library of content that is extraordinarily valuable when combined with the unique revenue management system that they have developed," said Eric Hippeau, managing partner of SoftBank Capital. "Associated Content has attracted a world class team. We look forward to helping them rapidly accelerate the growth of the company." Luke Beatty, Associated Content's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and founder, noted that "Adding SoftBank Capital as a partner further positions Associated Content to take a leadership role in the high-growth, expansive online media market. Their online media and publishing expertise and support will help us to aggressively advance our content and technical assets, while at the same time, increase their distribution to the public and other media companies." About Associated Content, Inc. (AssociatedContent.com) Associated Content, Inc. is a user-driven content publisher and provider. The Company is developing proprietary publishing technologies and organically building a collection of talented content producers that use the technologies to produce text, audio and video content on a multitude of topics. The Company's media assets are user-focused and optimized for discovery and revenue generation. The Company makes its content available to licensees and to the public at AssociatedContent.com. Associated Content is based in Denver, Colorado, and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New York. About SoftBank Capital (www.sbcap.com) SoftBank Capital is an independent venture capital firm focused on high-growth technology-based businesses benefiting from the rapid deployment and adoption of broadband broadband Term describing the radiation from a source that produces a broad, continuous spectrum of frequencies (contrasted with a laser, which produces a single frequency or very narrow range of frequencies). and mobile technologies. Through its current fund, SoftBank Capital Technology Fund III L.P., the firm has invested in Anystream, Beliefnet, InsiderPages, LiteScape Technologies, Nellymoser, The NewsMarket, Perpetual Entertainment Perpetual Entertainment was founded in March 2002 and is an American developer, publisher and operator of networked multiplayer games and MMORPGs. Their headquarters is in San Francisco, California, USA. and Thumbplay. |
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