About Parsec Media
Parsec Media is a company based in New York (United States) founded in 2015 was acquired by Kargo in March 2022. Parsec Media has raised $3.58 million across 2 funding rounds from investors including Bee Partners, WGI Group and BlueTree Venture Fund. Parsec Media operates in a competitive market with competitors including InMobi, Tapjoy, Vungle, Mobvista and Digital Turbine, among others.
- Headquarter New York, United States
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Sectors
Media & Entertainment
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.58 M (USD)
in 2 rounds
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Latest Funding Round
$2.08 M (USD), Seed
Jul 06, 2018
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Investors
Bee Partners
& 6 more
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Employee Count
Not available
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Acquired by
Kargo
(Mar 31, 2022)
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Funding Insights of Parsec Media
Parsec Media has successfully raised a total of $3.58M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.08 million completed in July 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Parsec Media
Parsec Media has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bee Partners, WGI Group and BlueTree Venture Fund.
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Seed and early-stage micro investments are targeted in the US.
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Seed & early stage tech-focused micro-VC firm funding companies in the US
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Investor details for Parsec Media
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Investments & Acquisitions by Parsec Media
Investment portfolio details for Parsec Media
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Financial Statements - Parsec Media
Detailed financials for Parsec Media
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Parsec Media Comparisons
Peer comparison for Parsec Media
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Competitors of Parsec Media
Parsec Media operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as InMobi, Tapjoy, Vungle, Mobvista and Digital Turbine, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Platform offering mobile ad network software
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Mobile advertising & monetization
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Mobile apps are promoted and monetized via in-app video trailers.
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Mobile advertising platform and ad network
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Mobile advertising network platform
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Mobile ad campaigns are managed and optimized via ML platform.
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Detailed competitors of Parsec Media
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Parsec Media
Complete news archive for Parsec Media
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Frequently Asked Questions about Parsec Media
Parsec Media was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Parsec Media is headquartered in New York, United States. It is registered at New York, New York, United States.
Parsec Media is a funded company, having raised a total of $3.58M across 2 funding rounds to date.
Parsec is a mobile advertising network which delivers ads in SLED format. The pricing model is Cost per second that means the advertisers will have to pay based on the time users spend on the ads. Uses First party and Third party data along with cookie based data to select the target audience for advertisers and the right website for the ads. Has partnered with MOAT to measure time spent on ads. Publishers include International Business Times, The Hill, TEN, Forbes, Scripps, CBS Interactive, Answers.com etc.
Parsec Media has 7 investors. Key investors include Bee Partners, WGI Group, BlueTree Venture Fund, Brett Wilson, and J Moses.