Moontoast raises $5M in funding

Date:
Tuesday January 15, 2013

Company Name:
Moontoast

Company Website:
http://www.moontoast.com

Categories:
Enterprise Software, Marketing & Advertising Solutions, SaaS, Social Media

Deal:
Funding

Source:
http://bit.ly/XLzwzQ

Moontoast, a Boston and Nashville-based provider of a social rich media advertising platform, raised $5m in Series B financing.

The round was led by the Martin Companies, LLC, with participation from unnamed existing investors (read here).

The company intends to use the capital to further develop its platform, and expand its business development, sales and client services efforts. It is also adding to its marketing and product development teams.