Thursday, January 24, 2008

Modiv Media Raises $8 Million in Venture Capital - Quincy, MA

Modiv Media, a Quincy-based provider of online marketing technology, has raised $8 million in its second round of venture capital, led by current investors, including Ignition Partners, Oak Investment Partners and SeaPoint Ventures. Modiv was formed last year with the merger of MobileLime, which focused on mobile loyalty and rewards shoppers, and Cuesol, which offered in-store self-service technology. Modiv helps brand marketers and retailers influence consumers' shopping habits and buying decisions. The company's platform delivers media through in-store self-service technology and mobile phones.


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