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    Wednesday, May 7, 2008

    Spot Runner Takes $51M
    Los Angeles-based Spot Runner, a provider of technology for helping to place television advertisements, said this morning that it has raised new investments worth $51M. The investment came from a group of investors that includes the Daily Mail and General Trust (DMGT), Grupo Televisa, Legg Mason Capital Management, and Groupe Arnault/LVMH. Existing investors in the firm also participated in the funding. According to the firm, the funding will help the firm accelerate its momentum as it expands into both online and offline media domestically and abroad. Spot Runner's prior investors include Allen & Company, Battery Ventures, Capital Research and Management, CBS, Index Ventures, The Interpublic Group, Tudor Investment Corporation and WPP.
    posted on Wednesday, May 7, 2008 (Link to more information)

    Related companies:
    Spot Runner

    Related stories:
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    > AOL's Pittman Joins Spot Runner Board

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