Deal Announcements

Widemile Clears $4 Million Debt Financing

Monday, October 01, 2007 5:00:00 AM PDT | VentureDeal Staff

SEATTLE, WA -- Digital marketing company Widemile said that it has closed a round of convertible debt financing in the amount of $4 million.

Widemile provides web content testing and optimization technologies to companies and marketing agencies.  The company's product and services approach employs a proprietary multivariate testing and optimization platform to help enterprises accelerate the development of their website offerings.

Investors included existing investors, company management and industry insiders.  The funding will support additional hiring, continued product development and expansion of sales and marketing.

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