June 6, 2014 – A $73.5m series C financing round has been closed by MediaMath, while also raised its debt facility to $105m.
The money would be utilized to back up the company s new international offices in the EMEA, APAC, and Latin American markets. It is also set aside for the development of new products and features for MediaMath s flagship technology, the TerminalOne Marketing Operating System.
Series C financing was headed by Spring Lake Equity Partners, with participation from new investor Akamai Technologies, and existing investors Safeguard Scientifics, Catalyst Investors, and Observatory Capital. The company debt facility was led and syndicated via Silicon Valley Bank.