ZoomInfo Spin-Off Bizo Raises $6 Million
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Bizo, the business-to-business ad targeting platform spun off from ZoomInfo a year-and-a-half ago, has raised $6 million in a round of funding, we have confirmed with the company. Bizo’s platform lets advertisers target business audiences by industry, position, education or location.
At the time of its spin-off in May 2008, Bizo said that ZoomInfo backers Venrock, Flagship and Vulcan were all investors in the new company. It’s unclear if they participated in this round. We reached out to CEO Russell Glass for comment and will update this post if we hear back.
CEO Russell Glass tells us that this round was led by Bessemer Venture Partners, with participation from existing investors Venrock, Vulcan and Ascent.
Updated, Dec. 2: Here’s the release, which provides some additional details about the funding round.
Posted In: Advertising, Money, M&A & Venture Capital, Venture Capital
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