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IGA Worldwide Secures $5 Million For Expansion

Monday, January 28, 2008 5:25:00 AM PDT | VentureDeal Staff

NEW YORK, NY -- Digital media company IGA Worldwide announced that it has raised $5 million in additional series B financing from a syndicate of venture capital firms.

IGA operates an advertising network that delivers in-game advertising.  Their network enables advertisers to target their ad placements in specific games and game categories.

Investors in the round included Translink Capital, Presidio STX and ITOCHU Corporation.  The company said it would use the funding proceeds to expand its gobal advertising network footprint.

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