Centro Media raises $22 million - another major venture round for a Chicago company

Written by Matt Moog
Published on Jan. 05, 2011


From TechCrunch.com. 

The Chicago based Centro has just raised a whopping $22.5 million (rounded up) in equity only funding from FTV Capital in order to expand its sales force and bolster its digital media buying software Transis. Listed on the SEC form are Centro CEO Shawn Riegsecker and FTV CapitalPartner Eric Byunn who will be joining the board as director.

Centro is a digital media and technology services company founded in 2001, serving over 350 ad agencies world wide . The company’s recently launched platform Transis automates and centralizes the media buying and selling process across 10,000 national and local sites. Transis has already been adopted by more than 50 top ad agencies including Crispin Porter + Bogusky, Boelter + Lincoln and Burrell Communications Group.

 

and the official release

<font face="Lucida Grande" ,="" verdana,="" 'lucida="" sans="" regular',="" unicode',="" arial,="" sans-serif="" color="#272727">http://www.marketwire.com/press-release/UPDATE-Centro-Secures-225M-in-Series-A-Financing-From-Growth-Equity-Firm-FTV-Capital-1375492.htm

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