Lot21 reportedly has closed on $1.5 million in venture capital financing from
The Walden Group of International Venture Funds and some existing private
investors.
The completed investment will join additional moneys raised through existing
private investors. Half the money was received during Lot21’s initial round of
funding in
April, according to ChannelSeven.com.
Lot21, launched in February 1998 by Kate Everett-Thorp, is an interactive
marketing, media and advertising agency specializing in integrated marketing
solutions for advertisers.
Clients include BankAmerica, auction site ONSALE, Daewoo Motor America,
Seagate and Looksmart. The Walden Group of International Venture Funds manages
more than $1 billion in 11 offices worldwide.
