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WebVisible Closed By Creditors
- TechCrunch, Tuesday, January 3, 2012 1:08 PM
Silicon Valley Bank shut down Irvine, Calif.-based WebVisible last week. Ron Burr, the company's CEO since taking the position from founder Kirsten Mangers, told employees in a letter that the debt load of the company was too high to overcome. In October 2010, Burr told MediaPost the company would focus on the small business ad buyer -- attorney, plumber, dentist and contractor who don't have time to deal with the complexities of online advertising. At the time, the company had 313 employees.
