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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.
Eric Eldon contributed to this article.
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