Fusion Media Group, a Wenham, Mass.-based out-of-home advertising company, has raised $7.5 million in Series A funding from Key Venture Partners. Part of the proceeds were used to acquire the assets of Tyler, Texas-based Genesis Media Advertising.
Fusion Media Group (FMG), an Out-of-Home media company, today announced its formation around the closing of a first majority acquisition funded by a $7.5 million Series A funding commitment from Waltham, Massachusetts-based Key Venture Partners (KVP). At the closing, FMG established its first operating affiliate by acquiring the assets of Genesis Media Advertising of Tyler, Texas.
FMG is implementing a new and innovative approach to the Outdoor Advertising