Loveland’s Madwire Media raises $2 million
Joshua Lindenstein
LOVELAND – Digital marketing and design agency Madwire Media LLC has raised a new $2 million round of equity funding, according to a document filed with the Securities and Exchange Commission this week.
A company official couldn’t be reached for comment Thursday.
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The new funding comes less than a year after the 6-year-old Loveland company raised a $5.5 million Series A round last summer to ramp up marketing of a new software platform.
Joe Kellogg and his son JB founded the company in 2009, and have grown it to more than 150 employees since.
Revenue has grown rapidly as well. It hit $18.3 million last year, up from $13.4 million in 2013 and nearly quadruple the company’s 2011 mark.
In 2013, Madwire received a $2.9 million incentive package from the state to expand in Loveland and create 300 jobs over a five-year period.
Joshua Lindenstein
LOVELAND – Digital marketing and design agency Madwire Media LLC has raised a new $2 million round of equity funding, according to a document filed with the Securities and Exchange Commission this week.
A company official couldn’t be reached for comment Thursday.
The new funding comes less than a year after the 6-year-old Loveland company raised a $5.5 million Series A round last summer to ramp up marketing of a new software platform.
Joe Kellogg and his son JB founded the company in 2009, and have grown it to more than 150 employees since.
Revenue has grown rapidly as well. It hit $18.3…
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