Clickable Completes $14.5 Million Series B Funding.Innovative Online Advertising Startup Attracts Investment from Renowned Venture Capital Firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] : Founders Fund, Union Square Ventures and FirstMark Capital 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 -- Clickable clickable adj (COMPUT) → cliqueable clickable adj → cliccabile (www.Clickable.com), the online solution that makes search advertising simple, instant and profitable, today announced completion of its Series B round of investment. The $14.5 million financing was led by Founders Fund, with additional backing from existing investors Union Square Ventures and FirstMark Capital. The funding amounts to a total of $22.5 million in capital, raised over the past 12 months. It will be used to accelerate Clickable's momentum as the preeminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae advertising solution for small and midsize marketers. In February 2008, Clickable entered limited commercial availability with a rapid innovation and development cycle, including a major product release every four weeks, informed by Clickable's growing customer base. "Clickable's tools allow users to track and manage campaign performance across multiple ad networks with a comprehensive, easy-to-use dashboard (1) See Mac Dashboard. (2) A software-based control panel for one or more applications, network devices or industrial machines. Dashboards display simulated gauges and dials that look somewhat like an automobile dashboard. ," said Justin Fishner-Wolfson, a Principal at Founders Fund, who joins Clickable's board of directors. "Clickable's intuitive technology makes it easy for advertisers and agencies to realize the true potential of search ads." "These investors are behind some of the Web's pioneering and most successful businesses, including PayPal, Facebook, Feedburner, Twitter A Web site and service that lets users send short text messages from their cellphones to a group of friends. Launched in 2006, Twitter (www.twitter.com) was designed for people to broadcast their current activities and thoughts. and Del.icio.us," said Clickable 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. , David S. Kidder. "Their experience and vision will help Clickable accelerate product innovation and commercial expansion, while polarizing the marketplace with the idea of simplicity." Strategic individual investors will continue their involvement in Clickable, including: Jonathan F. Miller, former America Online See AOL. Chairman and Chief Executive, and a Clickable and Yahoo board member; and Peter Thiel Peter Andreas Thiel (born 1967) is an American financier, entrepreneur, and prominent donor to charities focusing on economic development and technology. With Max Levchin, Thiel co-founded PayPal and is its former CEO. , Managing Partner of The Founders Fund and Co-founder of PayPal. Clickable's Series B Funding Follows a Series of Key Milestones over The Past 12 Months: * Beta launch of Clickable Community, a learning portal to help small and midsize advertisers succeed. It includes Clickable University, best practices, a full product user guide, case studies, an introductory movie and The Official Clickable Blog. It is integrated seamlessly into the Clickable Dashboard, and also is available to all on the Clickable Home page. * Ongoing product innovation and development, including, most recently: goal-based recommendations to drive profitability; bulk actions to drive efficiency; a macro view of all advertising network accounts; and dashboard improvements to simplify advertising across all major ad networks. * Appointment of seven executives from leading Web and technology companies including Google, Microsoft, Leapfrog Online and others. * Winner of several prestigious awards, including: Ernst & Young's Entrepreneur of The Year; AlwaysOn's OnMedia 2008 Newcomer of The Year; and Finalist in TechCrunch 40 and the American Business Awards. Clickable Is Hiring Clickable is expanding its sales, product and engineering teams. For more information, please visit www.clickable.com/Corp/JoinUs.aspx. About Clickable, Inc. Clickable is an online solution that makes search advertising simple, instant and profitable. Clickable's immediate activation and intuitive user experience make it easy for marketers to manage performance across all major search-ad networks, including Google, Yahoo and Microsoft. Clickable's powerful recommendations and reporting make marketers more efficient, effective and confident - even at the very first login Signing in and gaining access to a network server, Web server or other computer system. The process (the noun) is a "login" or "logon," while the act of doing it (the verb) is to "log in" or to "log on. . Visit www.Clickable.com. |
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