Artmachine lands $2.5 million
Artmachine has raised a $2.5 million second round of funding, led by previous investor VantagePoint Venture Partners. Existing investor Plum Holdings also participated in the round. Palo Alto, Calif.-based Artmachine has raised more than $7.5 million, with the latest round marking a 50 percent decline in valuation, company spokeswoman Christine Brodeur said. Artmachine offers brand content management services, which include Web hosting and allowing companies to send print ads, news releases and video testimonials via digital files to employees, customers and channel partners.
Artmachine has raised a $2.5 million second round of funding, led by previous investor VantagePoint Venture Partners. Existing investor Plum Holdings also participated in the round. Palo Alto, Calif.-based Artmachine has raised more than $7.5 million, with the latest round marking a 50 percent decline in valuation, company spokeswoman Christine Brodeur said. Artmachine offers brand content management services, which include Web hosting and allowing companies to send print ads, news releases and video testimonials via digital files to employees, customers and channel partners.