HipCricket Gets $6 Million In Second Round Funding
Bellevue-based mobile marketing company HipCricket has closed a second round of funding of $6 million. This means that over the past two years HipCricket has raised more than $10 million from angel investors, Broadmark Capital and a European investment group. The new funding will allow HipCricket to expand its services to broadcasters across the country and hire more staff to provide dedicated services to brands. The companies client base grew by 250 percent over the past 12 months.
I cannot believe a mobile marketing company gets a $6m round of funding in an area where it is a zero sum game with numerous competitors racing to get to the bottom.>>>>some investors really are as stupid as crickets