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Geosign Closes $160 Million First Round Financing

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Geosign, a website publisher and targeted search marketer, has completed first round financing of $160 million. The financing was provided by asset management firm American Capital and will go towards expanding Geosign’s website properties and search tools, a Geosign spokeswoman said. The funding also will go towards future acquisitions. Geosign runs 180 websites in 20 categories and claims over 35 million unique visitors to its network of sites on a monthly basis. Some of Geosign’s sites include GizmoCafe.com, DietNation.com, ThinkFashion.com, TheRenewablePlanet.com, CosmeticSurgeryInsider.net and Nomadik.com.  Tim Nye, Geosign’s CEO and founder, also founded a local search engine called TrueLocal.com, which was spun off from Geosign in 2005. Release

Mar 6, 2007 3:07 PM ET

Posted In: Search, Technologies / Formats

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