Lotame, an Elk Ridge, Maryland-based advertising startup, has closed its second funding for its social media ad platform, Crowd Control. Motto, and I quote: “Every Party Needs Crowd Control!”
It has only been six months since Lotame closed its first funding, a notably short period of time. Emergence Capital Partners led the $13 million investment. Also participating were previous investors Battery Ventures and Hillcrest Management.
Here’s more, from an interview by Wallstrip with founder, chief executive and Advertising.com veteran Andy Monfried.http://blip.tv/play/sEmQyCWB40E
Eric Eldon contributed to this article.
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