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VigLink Ups Series C to $20M

2014-12-01
SAN FRANCISCO, CA, VigLink has received additional funding from leading VC firms Foundry Group and Costanoa Venture Capital.
Today, we are thrilled to announce the purchase of LinkSmart. In connection with the acquisition, VigLink also received additional funding from leading VC firms Foundry Group and Costanoa Venture Capital.

This deal marks another milestone of our continued leadership in content monetization. The primary motivation behind the transaction was VigLink and LinkSmart's shared vision of making every link intelligent and valuable.

'Traffic is the currency of the web' said VigLink CEO, Oliver Roup. 'In LinkSmart we saw a common belief in the power of links and a great opportunity to significantly grow the size and scale of our business. We are thrilled to welcome our new valued customers.'

LinkSmart's publisher network has over a billion page views per month and includes top editorial sites such as BuddyTV and Purch. 'At LinkSmart, making our customers more successful has always been first priority. This transaction will give access to the VigLink platform and create more revenue opportunities for our publishers while still upholding their user experience standards,' said LinkSmart CEO, Pete Sheinbaum.

Alongside the acquisition, LinkSmart backers Foundry Group and Costanoa Venture Capital topped up the VigLink Series C to $20M. Seth Levine, Managing Director at Foundry Group will join VigLink's Board of Directors. 'VigLink is the clear leader in content-driven commerce. We've been watching VigLink for a long time and I'm excited to be an investor,' said Levine.
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