ML Tech Raises $1.75 Million Seed to Scale Technology, Accelerate ... (FAKE BLOG)
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ML Tech Raises $1.75 Million Seed to Scale Technology, Accelerate ...
San Francisco,
CA (PRWEB) January 17, 2013
Media Technology Group (MTG), a leading provider of content creation, marketing and technology solutions for video, mobile and social media, has announced it raised $1.75 million in seed funding to accelerate its technology development and accelerate their international expansion.
The investment team includes investors and venture capitalists from the Silicon Valley, London and Australia. MTG has already raised $5 million in its funding round, which also included a minority stake in BAMTech, the leading content creation and management platform. MTG CEO, Scott Rader says “The seed funding will enable MTG to expand their technology to new markets internationally and accelerate our product offerings to both local and international customers.”
Scott Rader
MTG President of Business Development Chris Johnson states “We have seen a dramatic increase in the demand for our technology in the international market and are excited to be able to continue to scale our technology to the global level. Our goal is to be the leading content creation and production company for today’s digital generation by integrating leading technology into a strong content management platform.”
Scott has been the CEO of MTG since 2007 and during that time has built and scaled MTG into one of the top video marketing companies in the world with over 10 million video views a month, over 25 million video views per month and $15 billion in sales in 2012. He was named a Fast 50 Most Innovative CEO in the world by Fortune in 2010.
“As the leader of our industry, it takes more than a company’s name to succeed. The team at MTG delivers the unique combination of content creation and business development experiences to create profitable global business strategies that are well suited to today’s market.” said Scott Rader, MTG President of Business Development.
MTG CEO Scott Rader continues, “We are very excited to be building our foundation with the new $1.75 million in seed funding. We have been working hard to put ourselves in a position of strength so that when we do go to the next level of expansion, we will be able to support those new markets as well.”
MTG currently has offices in Chicago, London, New York, San Francisco and Sydney. MTG is a subsidiary of Media Technology Group, Inc. (MTG), the largest distributor of video, mobile and social media content across the United States. MTG is currently ranked in the top 1% of global leaders in marketing technology and is a wholly owned subsidiary of The Hearst Corporation, the nation's largest news media company. For more information, please visit: www.mtgmarketing.com
About Media Technology Group
Media Technology Group is a leading provider of Content Creation, Marketing and Technology solutions for Video, Mobile and Social Media. MTG provides creative and innovative solutions for advertising on video, engaging with consumers on mobile and social media, and developing compelling brands with strategic content and products. MTG enables businesses to create highly effective videos, improve the performance of live events, and leverage the power of mobile and social media to sell millions. MTG is a leading content creation company for the digital age with a track record of successfully delivering over 4,000 live events and over 15,000 corporate events annually.
MTG's business services include: video creation and production, mobile marketing, social media marketing and management, and video analysis and management. MTG is a wholly owned subsidiary of The Hearst Corporation, the nation's largest news media company. For more information, please visit: www.mtgmarketing.com
About The Hearst Corporation
The Hearst Corporation is the nation's largest publisher and importer of the English language. The Corporation has an extensive diversified business focused on diversified content including books, magazines, newspapers, electronic media, magazines and online services in the United States and around the world. The Company publishes The National Journal, The Philadelphia Inquirer, The San Jose Mercury News, The Washington Post, USATODAY.com, The Detroit News and many other newspapers in the United States, Latin America and The Middle East. The Press Association, based in London, is the international news and media group. Its more than 100 titles in print and online reach more than 250 million people each week. The Hearst Corporation also owns a portfolio of other publishing businesses through its holdings in the Hearst Digital Network, and in other publishing businesses in the United States and around the world. It also has a significant business in radio through KIIS-FM, a station broadcast to parts of the country with listening figures exceeding 100 million. For more information on The Hearst Corporation, please visit news.hearst.com.
News & Media Contact: Jeff Vahshorn, CEO, Media Technology Group Inc., [email protected]
About MTG Tech
MTG Tech is a division of Media Technology Group, Inc. (MTG), the leading distributor of video, mobile and social media content across the United States. MTG is a wholly owned subsidiary of The Hearst Corporation, the nation's largest news media company. For more information on MTG Tech, please visit www.mtgtech.com.
About Hearst Corporation
Hearst Corporation -- www.hearst.com -- is the nation's largest publisher and importer of the English language, with subsidiaries in book publishing through Hearst's The Dial Press; news syndication through Hearst's USA Today Group; radio syndication through KIIS-FM and other properties, and consumer product and speciality brands through Hearst's North American arm. The Company is a division of Hearst Communications (Nasdaq: HEARST), the second-largest publishing company in the United States. For more information on Hearst Corporation, please visit news.hearst.com.
San Francisco, CA - Media Technology Group (MTG), the leading provider of video, mobile and social media solutions, announced that it recently closed its Series E funding round of $20 million in Series F funding. The funding will bring the total amount raised to $30 million. The funding was led by True Ventures with participation from the Silicon Valley-based Venture Group, a member of the True Ventures Accelerator Network. MTG will use the funding to expand into the Australian and European markets and accelerate their technology solutions.
“We are very excited to be closing our Series F financing when we realize the benefits. We have seen a dramatic increase in demand for our technology solutions in the international market and feel that we are positioned to grow our revenue and technology offerings to new markets internationally,” said Scott Rader, CEO of Media Technology Group (MTG).
Scott Rader, CEO of MTG, continued: “MTG is the leader of our industry, we are very excited to be closing our Series E funding with $30 million in Series F financing. We are growing on several fronts: MTG continues to expand our international network with strategic international expansion and has announced plans for a new round of funding on December 8th in San Francisco to launch MTG in Australia. We are also entering the international market with the purchase of the Australia business of the Hearst Corporation’s digital businesses. MTG has an international team with an average of five years of service at each market, and MTG’s international business model is uniquely designed to bring our team to market and create a global company with a large market share at the same time.”
“We are excited to be working with MTG and its industry leading technology and marketing solutions that are transforming the way our customers engage with their customers, customers to their consumers and consumers to their audiences. Our goal is to be the leading content creation and production company for today’s digital generation by integrating leading technology into a strong content management platform,” said Chris Johnson, President and CEO of MTG Technology.
The MTG Technology Partners and the True Ventures Accelerator Network work to advance technology as a means for marketing, communication, and content creation. True Ventures is a leading Silicon Valley-based investment firm. The True Ventures Accelerator Network is a group dedicated to working to raise funds at an early stage for technology start-ups that are focused on building solutions for businesses.
To learn more, please visit www.mtgtech.com.
Media Technology Group (MTG), a leading provider of content creation, marketing and technology solutions for video, mobile and social media, has announced that MTG Technologies, a division of Media Technology Group, Inc., has raised $5 million in its funding round, giving the company an additional $20 million in funding. MTG Technologies will use the funding to enhance their existing content creation platform through the development of new technology solutions. MTG Technologies was founded in April 2012 by Scott Rader, President of MTG. MTG Technologies is the exclusive distributor of Media Technology Group products in the United States and Canada.
MTG Technologies is a division of Media Technology Group, Inc., a leading distributor of video, mobile and social media content across the United States. MTG provides creative and innovative solutions for advertising on video, engaging with consumers on mobile and social media, and developing compelling brands with strategic content and products. MTG is the only company in the nation that is a leader in all three of these areas. MTG Technologies has a track record of successfully delivering over 4,000 live events and over 15,000 corporate events annually. MTG Technologies also handles all aspects of media for MTG Marketing. MTG Technologies was incorporated in February 2011, and received its 501(c)3 tax exempt status on April 2012 under Section 501(c)(3) of the IRS Code.
“We are very excited to be closing
San Francisco,
CA (PRWEB) January 17, 2013
Media Technology Group (MTG), a leading provider of content creation, marketing and technology solutions for video, mobile and social media, has announced it raised $1.75 million in seed funding to accelerate its technology development and accelerate their international expansion.
The investment team includes investors and venture capitalists from the Silicon Valley, London and Australia. MTG has already raised $5 million in its funding round, which also included a minority stake in BAMTech, the leading content creation and management platform. MTG CEO, Scott Rader says “The seed funding will enable MTG to expand their technology to new markets internationally and accelerate our product offerings to both local and international customers.”
Scott Rader
MTG President of Business Development Chris Johnson states “We have seen a dramatic increase in the demand for our technology in the international market and are excited to be able to continue to scale our technology to the global level. Our goal is to be the leading content creation and production company for today’s digital generation by integrating leading technology into a strong content management platform.”
Scott has been the CEO of MTG since 2007 and during that time has built and scaled MTG into one of the top video marketing companies in the world with over 10 million video views a month, over 25 million video views per month and $15 billion in sales in 2012. He was named a Fast 50 Most Innovative CEO in the world by Fortune in 2010.
“As the leader of our industry, it takes more than a company’s name to succeed. The team at MTG delivers the unique combination of content creation and business development experiences to create profitable global business strategies that are well suited to today’s market.” said Scott Rader, MTG President of Business Development.
MTG CEO Scott Rader continues, “We are very excited to be building our foundation with the new $1.75 million in seed funding. We have been working hard to put ourselves in a position of strength so that when we do go to the next level of expansion, we will be able to support those new markets as well.”
MTG currently has offices in Chicago, London, New York, San Francisco and Sydney. MTG is a subsidiary of Media Technology Group, Inc. (MTG), the largest distributor of video, mobile and social media content across the United States. MTG is currently ranked in the top 1% of global leaders in marketing technology and is a wholly owned subsidiary of The Hearst Corporation, the nation's largest news media company. For more information, please visit: www.mtgmarketing.com
About Media Technology Group
Media Technology Group is a leading provider of Content Creation, Marketing and Technology solutions for Video, Mobile and Social Media. MTG provides creative and innovative solutions for advertising on video, engaging with consumers on mobile and social media, and developing compelling brands with strategic content and products. MTG enables businesses to create highly effective videos, improve the performance of live events, and leverage the power of mobile and social media to sell millions. MTG is a leading content creation company for the digital age with a track record of successfully delivering over 4,000 live events and over 15,000 corporate events annually.
MTG's business services include: video creation and production, mobile marketing, social media marketing and management, and video analysis and management. MTG is a wholly owned subsidiary of The Hearst Corporation, the nation's largest news media company. For more information, please visit: www.mtgmarketing.com
About The Hearst Corporation
The Hearst Corporation is the nation's largest publisher and importer of the English language. The Corporation has an extensive diversified business focused on diversified content including books, magazines, newspapers, electronic media, magazines and online services in the United States and around the world. The Company publishes The National Journal, The Philadelphia Inquirer, The San Jose Mercury News, The Washington Post, USATODAY.com, The Detroit News and many other newspapers in the United States, Latin America and The Middle East. The Press Association, based in London, is the international news and media group. Its more than 100 titles in print and online reach more than 250 million people each week. The Hearst Corporation also owns a portfolio of other publishing businesses through its holdings in the Hearst Digital Network, and in other publishing businesses in the United States and around the world. It also has a significant business in radio through KIIS-FM, a station broadcast to parts of the country with listening figures exceeding 100 million. For more information on The Hearst Corporation, please visit news.hearst.com.
News & Media Contact: Jeff Vahshorn, CEO, Media Technology Group Inc., [email protected]
About MTG Tech
MTG Tech is a division of Media Technology Group, Inc. (MTG), the leading distributor of video, mobile and social media content across the United States. MTG is a wholly owned subsidiary of The Hearst Corporation, the nation's largest news media company. For more information on MTG Tech, please visit www.mtgtech.com.
About Hearst Corporation
Hearst Corporation -- www.hearst.com -- is the nation's largest publisher and importer of the English language, with subsidiaries in book publishing through Hearst's The Dial Press; news syndication through Hearst's USA Today Group; radio syndication through KIIS-FM and other properties, and consumer product and speciality brands through Hearst's North American arm. The Company is a division of Hearst Communications (Nasdaq: HEARST), the second-largest publishing company in the United States. For more information on Hearst Corporation, please visit news.hearst.com.
San Francisco, CA - Media Technology Group (MTG), the leading provider of video, mobile and social media solutions, announced that it recently closed its Series E funding round of $20 million in Series F funding. The funding will bring the total amount raised to $30 million. The funding was led by True Ventures with participation from the Silicon Valley-based Venture Group, a member of the True Ventures Accelerator Network. MTG will use the funding to expand into the Australian and European markets and accelerate their technology solutions.
“We are very excited to be closing our Series F financing when we realize the benefits. We have seen a dramatic increase in demand for our technology solutions in the international market and feel that we are positioned to grow our revenue and technology offerings to new markets internationally,” said Scott Rader, CEO of Media Technology Group (MTG).
Scott Rader, CEO of MTG, continued: “MTG is the leader of our industry, we are very excited to be closing our Series E funding with $30 million in Series F financing. We are growing on several fronts: MTG continues to expand our international network with strategic international expansion and has announced plans for a new round of funding on December 8th in San Francisco to launch MTG in Australia. We are also entering the international market with the purchase of the Australia business of the Hearst Corporation’s digital businesses. MTG has an international team with an average of five years of service at each market, and MTG’s international business model is uniquely designed to bring our team to market and create a global company with a large market share at the same time.”
“We are excited to be working with MTG and its industry leading technology and marketing solutions that are transforming the way our customers engage with their customers, customers to their consumers and consumers to their audiences. Our goal is to be the leading content creation and production company for today’s digital generation by integrating leading technology into a strong content management platform,” said Chris Johnson, President and CEO of MTG Technology.
The MTG Technology Partners and the True Ventures Accelerator Network work to advance technology as a means for marketing, communication, and content creation. True Ventures is a leading Silicon Valley-based investment firm. The True Ventures Accelerator Network is a group dedicated to working to raise funds at an early stage for technology start-ups that are focused on building solutions for businesses.
To learn more, please visit www.mtgtech.com.
Media Technology Group (MTG), a leading provider of content creation, marketing and technology solutions for video, mobile and social media, has announced that MTG Technologies, a division of Media Technology Group, Inc., has raised $5 million in its funding round, giving the company an additional $20 million in funding. MTG Technologies will use the funding to enhance their existing content creation platform through the development of new technology solutions. MTG Technologies was founded in April 2012 by Scott Rader, President of MTG. MTG Technologies is the exclusive distributor of Media Technology Group products in the United States and Canada.
MTG Technologies is a division of Media Technology Group, Inc., a leading distributor of video, mobile and social media content across the United States. MTG provides creative and innovative solutions for advertising on video, engaging with consumers on mobile and social media, and developing compelling brands with strategic content and products. MTG is the only company in the nation that is a leader in all three of these areas. MTG Technologies has a track record of successfully delivering over 4,000 live events and over 15,000 corporate events annually. MTG Technologies also handles all aspects of media for MTG Marketing. MTG Technologies was incorporated in February 2011, and received its 501(c)3 tax exempt status on April 2012 under Section 501(c)(3) of the IRS Code.
“We are very excited to be closing