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TV Search and Monitoring Firm Critical Mention Raises $4 Million

Authored by Mark Hefflinger on December 5, 2005 - 9:54am.
New York - Critical Mention, a provider of television search and monitoring services, announced on Monday that it has raised $4 million in its second round of venture capital financing. CIBC Capital Partners led the investment round; Silicon Alley Venture Partners, Stonehenge Capital and other previous investors also participated. New York-based Critical Mention's service tracks broadcast and online video content as well as associated text for 300 customers in the corporate communications, financial services, public relations, non-profit and government sectors. The company will use the funds to expand its data collection network, increase sales and marketing initiatives and accelerate new product development. "This latest round of financing positions us to further accelerate our growth in both traditional broadcast monitoring as well as emerging TV search and video syndication markets," said Critical Mention founder and CEO Sean Morgan. "2006 will be the year that video on the web goes mainstream, and we are excited to be part of this massive growth trend."
tags: Deals | VC | Critical Mention | TV Search and Monitoring |