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...Today announced the closing of $160 million in private financing from American Capital Strategies Ltd. . Geosign is an Internet media company focused on online publishing and targeted search. Proceeds from the financing will be used for working capital and to support the Company's strategic growth initiatives including future acquisitions, as well as shareholder liquidity.
Some of Geosign's popular sites include GizmoCafe.com, DietNation.com, ThinkFashion.com, TheRenewablePlanet.com, TrueLocal.com, CosmeticSurgeryInsider.net and Nomadik.com.
I hope they have some left me: I am selling them my killer domain. Should I ask for $159 Million :-)?
I dont log on to WebmasterWorld nearly as much anymore, but I miss the days when it was just me at Geosign logging on every 20 minutes to check for the latest google dance commentary, or all the little tips to get your page to rank better, or trying to interpret every word that Matt Cutts would utter to find the hidden messsage.
Again - thanks WebmasterWorld
Congrats are in order! Huge round for a series A...wow ;)
Sure we do, but I'd settle for slightly less than $160 million...about 50-60 times less ;)
There seems to be a buying wave lately. If you have a good site that can be monetized, you may be in.