Report: WebVisible Shuts Down
Irvine-based online advertising firm WebVisible has shut down, according to a report Wednesday. Former WebVisible employees had been telling socalTECH over the last few months that the firm was looking for a buyer. The company has not yet confirmed the shutdown, however, founder and CEO Kristen Mangers had left the firm in January in 2011. WebVisible had raised over $37M in venture capital, from such investors as Adams Street Partners, Redpoint Ventures, and Sutter Hill Ventures.
posted on Wednesday, December 28, 2011
Related stories:
> WebVisible Gets Canadian Win
> WebVisible Moves Headquarters To Los Angeles
> WebVisible Cuts Staff As Mangers Steps Down, Burr Takes Over
> WebVisible Raises $20M
> WebVisible Sees Advertising Recovery
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