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Fathom Online received $6 million in financing in its first round of venture funding, the search marketing firm said yesterday.
The financing came from Constellation Ventures and private investors. As part of the funding, Constellation managing directors Virginia Turezyn and Dennis Miller will join Fathom's board of directors.
Former Ask Jeeves executives Chris Churchill and Chris Raniere founded the San Francisco-based search engine management firm in 2002. Fathom helps clients design and run paid search campaigns. Clients include Hilton, Covad and Microsoft. It opened a New York sales office in March.
Full Article [dmnews.com]
All we need now is a few more SEM firms IPO'ing stock (other than the ones we have already) and the industry should be all hyped up.