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Monetate Collects Series B Venture Capital Funding

Friday, August 05, 2011 5:54:00 AM PDT | VentureDeal Staff

   Conshohocken, Pennsylvania  --  Internet technology company Monetate has garnered $15 million in its second round of institutional venture capital investment.

Monetate provides website owners with the ability to test, target and personalize their website to maximize sales.

OpenView Venture Partners led the round, which included previous investors First Round Capital and Floodgate.

The company plans to use the funding to build on its recent growth initiatives.

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