Dedicated Media Inc., a provider of customized audience modeling and data analytics technology, has sealed a $5 million credit facility with Wells Fargo’s Technology and Venture Banking Group. Dedicated Media has offices in San Francisco, Los Angeles and New York.
PRESS RELEASE
Dedicated Media, Inc., a leading provider of online media services with offices in Los Angeles, San Francisco and New York, announced today that it has secured a $5 million credit facility with Wells Fargo’s Technology and Venture Banking Group. The credit facility will be used to support working capital and fund expansion as the company continues to grow market share.
“As we continue to grow and expand we are pleased to partner with bankers that know our business and industry so well,” said Scott Yamano, president and CEO, Dedicated Media, Inc. “Wells Fargo’s Tech and Venture Banking Group demonstrated a deep understanding of our business model in addition to providing a world-class banking platform that we can leverage to drive operational efficiencies.”
“Dedicated Media is clearly a leader in targeted online advertising and we are very pleased to have the opportunity to work with the team,” said Mark Breneman, senior vice president in Wells Fargo’s Technology and Venture Banking Group. “We look forward to continuing to support their growth and success.”
About Dedicated Media
Dedicated Media is a customer acquisition platform that operates on every level of the intent funnel. Dedicated combines customized audience modeling with superior data analytics in a brand safe environment – delivering intelligent optimization across multiple channels, including: display, performance, lead generation, search, social, video, and mobile. Harnessing the power of Dedicated’s SMARTstack technology, advertisers gain increased engagement and smart, efficient delivery.
Dedicated Media ranks in comScore’s Media Metrix Top 50 U.S. Web properties list and DoubleVerify’s top 10 most compliant networks Trust Index for the second year in a row. More information can be found at www.dedicatedmedia.com.
About Wells Fargo’s Technology and Venture Banking Group
The Wells Fargo Technology and Venture Banking Group is a specialized business unit within the Wells Fargo Commercial Bank dedicated to providing customized banking solutions to technology and life science companies at every stage of growth.
Our mission is to deliver personal, “boutique banking” style relationship management, combined with Wells Fargo’s best-in-class financial products and services to technology and life science companies from inception through venture funding, product launch, growth, and global expansion.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.3 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com), and other distribution channels across North America and internationally. With more than 270,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked No. 23 on Fortune’s 2011 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.
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