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Article: Adknowledge Announces $48 Million Investment by Technology Crossover Ventures, Expands Management Team.
- Article from:
- Business Wire
- Article date:
- March 20, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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KANSAS CITY, Mo. -- Leading Provider of Online Marketing Technology for Small Businesses to Accelerate Market Expansion, Capitalize on Growing Market for Online Advertising
Adknowledge, Inc., a technology firm focused on helping small businesses better market to online consumers, announced today that it has sold a minority ownership interest to Technology Crossover Ventures (TCV) for $48 million. As part of the investment in Adknowledge, two TCV partners, Henry Feinberg and Will Griffith, will join the Adknowledge board of directors.
Adknowledge, which has more than doubled its revenues each year since its founding in January 2004, will use the funding ...