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HipCricket Nets $2 Million New Investment

Wednesday, March 21, 2007 8:00:00 AM PDT | VentureDeal Staff

BELLEVUE, WA -- Mobile marketing firm HipCricket announced the receipt of an additional $2 million in funding from angel and institutional investors.

The company provides mobile broadcast companies with a variety of platform specific marketing services for the planning, execution and evaluation of mobile broadcasts.

Investors included angels, Broadmark Capital and a European investment group.  The company intends to use the proceeds to beef up its service group and expand its sales and marketing efforts.

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