{"id":2311,"date":"2018-08-13T16:23:01","date_gmt":"2018-08-13T23:23:01","guid":{"rendered":"http:\/\/oandapc.com\/?p=2311"},"modified":"2021-02-04T16:53:38","modified_gmt":"2021-02-05T00:53:38","slug":"oa-represents-vidmob-inc-in-closing-6-4-million-series-a-extension-financing","status":"publish","type":"post","link":"https:\/\/oandapc.com\/oa-represents-vidmob-inc-in-closing-6-4-million-series-a-extension-financing\/","title":{"rendered":"O&A Represents VidMob, Inc. in Closing $6.4 million Series A Extension Financing"},"content":{"rendered":"
O&A, representing creative technology company VidMob, announces that the firm has assisted in closing for VidMob a $6.4 million Series A Extension round led by Manifest Growth Fund I, L.P. and You & Mr. Jones Inc. The transaction closed on March 21, 2018.<\/p>\n
VidMob, headquartered in New York City with offices in Los Angeles, Chicago, Pittsfield, and London, is a platform that connects brands with a global network of expert creative talent to produce, analyze, and optimize mobile video. An official creative marketing partner of Facebook, Instagram, Twitter, Snapchat, Pinterest, and LinkedIn, VidMob helps marketers create high performance video ads at scale across the increasingly fragmented social media landscape.<\/p>\n
Manifest Growth provides investment capital and strategic support to rapidly growing technology companies, with a focus on platform-based businesses, video technology, enterprise software, and measurement and analytics.
\nYou & Mr Jones is a “brandtech” firm that uses technology to assist brands with their marketing content.<\/p>\n
The new funds will be used to continue VidMob’s positive momentum and build out its growing set of data analytic tools. Co-Founder and CEO, Alex Collmer, notes: “As the means of communications accelerates in its shift from static text and images to more dynamic formats like video and 3D lenses, nearly every company in the world is struggling with increased cost and complexity of creating quality media at scale. With this latest round of financing, VidMob intends to further accelerate our platform development in our continued effort to make human creativity scalable.”<\/p>\n
Paul Falzone, the managing partner of Manifest Growth and a VidMob board director, comments: “We have all been extremely pleased with VidMob’s track record of partnering with leading brands and platforms to create and distribute content at a large scale. We’re excited to add more fuel to the company’s balance sheet to accelerate their development.”<\/p>\n
Founder and Managing Partner at O&A, Dan Offner, adds: “We at O&A were thrilled to serve as counsel to VidMob on its Series A Extension as it continues to break new ground with technology and media in making high quality video content available to all businesses, not just the Fortune 500.”<\/p>\n
Jim Kidston, Partner at O&A, lead the deal with assistance from Kevin Pasternak, Associate at O&A.<\/p>\n