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Greystripe Raises $2 Million from NBC Universal

Posted on: September 2, 2009 by Dan PrimackNo Comments »

Greystripe, a San Francisco-based rich media ad platform for mobile, has raised $2 million in additional Series C funding from Peacock Equity Fund, a VC unit of NBC Universal. The two companies had a prior strategic relationship, although the equity funding is structured separately.

Worth noting that existing shareholder Steamboat Ventures is a Walt Disney Co. affiliate, which means that Greystripe has effectively raised capital from the parent companies of both NBC and ABC. I asked CEO Michael Chang if this meant Viacom was next on the list, but he laughed it off.

What Chang did say, however, is that Greystripe has no plans to follow in the footsteps of rival AdMob, which last week bought mediation company AdWhirl. “I’m still scratching my head over that deal, because

Greystripe Raises Series C

Posted on: March 12, 2009 by PEHub AdministratorNo Comments »

Greystripe, a San Francisco-based distributor of ad-supported mobile games and applications, has raised $5.5 million in Series C funding. Incubic Venture Capital led the round, and was joined by fellow return backers Monitor Ventures and Steamboat Ventures. The company has now raised a total of $15.5 million. www.greystripe.com

Greystripe Raises Series B

Posted on: May 23, 2007 by PEHub AdministratorNo Comments »

Greystripe, a San Francisco-based distributor of ad-supported mobile games and applications, has raised $8.9 million in Series B funding led by Steamboat Ventures. The company previously raised $1.1 million in Series A funding from Monitor Ventures and Incubic Venture Capital. www.greystripe.com