It’s been an amazing summer for Insticator so far. First, we were recognized as a Top Publisher Tool on the 2017 Display LUMAscape. Then our founder and CEO Zach Dugow was awarded the Red Herring Top 100 North America Award. And now we’ve just secured $5.2 million in Series A Funding.
Exciting, we know.
Associated Venture Management and Mintz & Co. – both previous investors in Insticator – led this round of investment, which brings Insticator’s current funding up to $8.7 million and will allow us to develop our support, engineering, sales and marketing teams, while also further growing our data business.
We’re not the only ones excited about this funding. Our good friends Hope King and Baker Machado at Cheddar – a live Post-Cable Network founded by Jon Steinberg which focuses on innovative products, technologies and financial news – sat down with Zach on Thursday, July 13 during the Closing Bell segment to discuss the latest round of funding and the great work we’re doing at Insticator.
We’ve been working hard at Insticator and it’s amazing to see all of our hard work paying off.
Zack’s super proud of the company too: “ Over these past several months, we’ve really pushed ourselves to perfect our products, and most importantly, to deliver on the promises that we make to our partners and investors. This funding will help us grow as a team and help us develop or products to their full capabilities. I’m more than excited to see the surefire innovation my team will produce to make our publishing partners lives’ easier.”
What’s next for Insticator? Well, we’ll build out our teams to further refine and perfect our technology to help our clients continue to increase their engagement and ad revenue. And hopefully our growing team will be moving into our new office soon.