The Guardian
trending topics

Lead Generation Firm Inadco Raises $5 Million; Spends $3 Million Of It On Acquisition

  • Comments Comments (View)
  • Text Size: A A

Online lead generation firm Inadco raised $5 million worth of funding, according to an SEC filing. The company didn’t respond to our request for details on who the full investment came from—but another filing reveals that Inadco likely used over $3.3 million worth of the new money to acquire another online ad firm. Matt Coffin, founder of LowerMyBills.com, is on the board of the company and an investor.

Like most other lead generation firms, Chicago-based Inadco is working on its own ad platform. The company recently brought in Rob Gabel, another long-time LowerMyBills.com vet, as its VP; he joins CEO James Walker, who has over a decade of experience in performance-based marketing (including stints at Netblue and Connexus). Both are listed as executive officers in the Inadco filings.

Aug 25, 2009 2:01 PM ET

Inadco logo


Posted In: Advertising, Money, M&A & Venture Capital, Mergers & Acquisitions, Venture Capital, inadco

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

iTunes Apps (Paid) iTunes Apps (Paid)
1. Where's My Water?
2. Tank Hero
3. Scramble With Friends
4. Fruit Ninja
5. Angry Birds
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff