What Company Is Offering:
WordStream is a search engine marketing company which is providing services that enable businesses to find success with search marketing. Its keyword management solutions help companies of all types, including small and medium-sized businesses and agencies, create and manage highly effective paid and organic search campaigns involving large numbers of keywords, without increasing PPC budgets, time outlay or staff.
How Much It Got From VC Funding:
It has received $6 million in series B round of funding which is led by Egan-Managed Capital and also participated by earlier investor Sigma + Partners. This new funding will help them to plan , grow and expand its search marketing tools for search engine optimization (SEO) and pay-per-click (PPC) advertising.
It invest in companies where they can provide more than just capital. It look for situations where they can provide tactical and strategic assistance in areas where they have relevant knowledge.
Egan-Managed Capital I has $42.8 million of capital and was formed in 1997. The fund made 15 investments and is fully invested or committed. These investments ranged in size from $750,000 to $5 million. Egan-Managed Capital II has $100 million of capital and was formed in 2000. The fund has made 17 investments and is fully invested or committed. These investments ranged in size from $1 million to $6 million. Egan-Managed Capital III has $90 million of capital and was formed in October 2003. The fund is prepared to make investments in the range of $1 million to $6 million, but our preferred initial appetite is between $2 and $3 million. know more at:http://www.egancapital.com/