WINTER PARK - imediaReach announced today the company has closed its Angel Capital round of funding. Lead in the transaction by its strategic Capital Partner, NewGate Capital Partners, with their hosted Winter Park Angels. Terms of the deal were not disclosed in the release.
The funding will enable imediaReach to expand their sales and marketing team and also to increase efforts to build upon the features of its rapidly growing Connected Mobile Community. Funding will also allow the company to provide better technology solutions which are now being co-opted to provide network wide marketing exposure to many national brands.
"NewGate Capital Partners and Winter Park Angels are excited to support imediaReach in their efforts to develop a true Connected Mobil Community and provide elegant direct to consumer media communication solutions.” said Michael Quatrini, a Partner with NewGate Capital Partners.