NEW YORK, NY – August 15, 2016 - Digital Capital Advisors, LLC ("DCA") is pleased to announce it has served as exclusive financial advisor to ReviMedia (“The Company”), a market leader in online lead generation, on its $12.5MM raise from NewSpring Growth Capital (“NewSpring”).
Founded in 2010 by Frans van Hulle and Bas Offers, ReviMedia provides clients with high-quality and transparent leads across a number of industry verticals. More recently, the Company began offering a powerful lead exchange platform, PX, to market participants. This proprietary technology platform was built with the needs of today’s lead buyers and sellers in mind, placing emphasis on automation and user-friendly experience. ReviMedia’s lead generation solutions and PX platform provide sophisticated lead scoring and verification technologies, enabling customers to enhance the performance of their sales organization and increase revenue through improved lead conversion. For more information on the Company and its solutions, please visit www.revimedia.com and www.px.com.
NewSpring’s General Partner Glenn Rieger remarked: “The lead generation industry has experienced a rapid evolution over the past several years and ReviMedia has been at the forefront of this dramatic shift. The experienced management team recognized industry trends early on and built the Company to capitalize on the fast-changing requirements of the market. We are excited to partner with ReviMedia and look forward to continued growth and value-creation.”
As part of the transaction, Glenn Rieger will join ReviMedia’s Board of Directors.
“Having been bootstrapped since inception, we were not only looking for capital, but, more importantly, for the right partner to help us bring ReviMedia to the next level and sustain our growth,” said Frans van Hulle, CEO of ReviMedia. “We are looking forward to working with NewSpring and excited about having a strong business partner on board.”
ReviMedia plans to use the proceeds to expand its sales and marketing organization, support international expansion, and continue development of the Company’s PX technology platform. The Company is headquartered in New York, NY with offices in The Netherlands, Ukraine and Panama.
“Digital Capital Advisors is proud to have advised ReviMedia on this successful capital raise from NewSpring Growth Capital. The Company’s sophisticated lead generation and exchange capabilities has made it one of the fastest growing participants in the space, and the new partnership will reinforce its ability to deliver clients the latest technology that improves transparency and accountability in the rapidly changing lead generation industry,” commented Brandon Quartararo, Director at Digital Capital Advisors.