News Brief
Text Firm 4INFO Secures $10 Mllion Funding
Jun 21, 2007, 6:00 AM
SMS/text messaging company 4INFO, Inc. completed a $10 million Series D round of funding led by Gannett Co., and also including Sand Hill Capital, U.S. Venture Partners and Draper Fisher Jurvetson.
In April 4INFO announced its SMS Ad Marketplace, providing ad inventory in user-requested SMS content. The company's SMS Publishing Platform is used by USA Today, Spark Networks and TV Guide, amongst others. 4INFO also provides a large range of mobile search and alert services.
"4INFO has demonstrated an ability to excel in an increasingly crowded and competitive marketplace," said Jack Williams, president of Gannett Digital, in a statement. "Moving 4INFO forward as an innovator and leader in mobile search and advertising makes great business and strategic sense for Gannett."
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