TargetCast Networks

San Ramon, United States Founded: 2001 • Age: 25 yrs Acquired By Mesmerize
Custom promotional messages are posted on TVs in high-traffic venues.
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About TargetCast Networks

TargetCast Networks is a company based in San Ramon (United States) founded in 2001 was acquired by Mesmerize in June 2011.. TargetCast Networks has raised $26.8 million across 3 funding rounds from investors including Mesmerize, DFJ and Claremont Creek Ventures. TargetCast Networks has completed 1 acquisition, including Ripple. TargetCast Networks operates in a competitive market with competitors including Simulmedia, OpenAP, MetaX Software, SYNC and Effectv, among others.

  • Headquarter San Ramon, United States
  • Sectors
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Targetcast Networks Inc
Operational Areas
Media & Entertainment → Marketing, Advertising & Adtech
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $26.8 M (USD)

    in 3 rounds

  • Latest Funding Round
    $14 M (USD), Series C

    Feb 18, 2010

  • Investors
    Mesmerize

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Mesmerize

    (Jun 01, 2011)

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Funding Insights of TargetCast Networks

TargetCast Networks has successfully raised a total of $26.8M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $14 million completed in February 2010. 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.

  • Total Funding
  • Total Rounds 3
  • Last Round Series C — $14.0M
  • First Round

    (01 Sep 2007)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2010 Amount Series C - TargetCast Networks Valuation

investors

Sep, 2009 Amount Series B - TargetCast Networks Valuation

investors

Sep, 2007 Amount Series A - TargetCast Networks Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in TargetCast Networks

TargetCast Networks has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Mesmerize, DFJ and Claremont Creek Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
US focused VC firm
Founded Year Domain Location
Seed and early-stage venture capital firm investing in digital solutions for healthcare and energy industries.
Founded Year Domain Location
Provider of advertising services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by TargetCast Networks

TargetCast Networks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ripple. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Ripple is operated as a live studio for events.
2006
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - TargetCast Networks

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Targetcast Networks Comparisons

Employees
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Competitors of TargetCast Networks

TargetCast Networks 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 Simulmedia, OpenAP, MetaX Software, SYNC and Effectv, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Targeted TV advertising solutions are provided for linear television.
domain founded_year HQ Location
Provider of TV advertising platform
domain founded_year HQ Location
Cloud-based TV suite solutions provider
domain founded_year HQ Location
TV advertising is managed via a digital signage platform.
domain founded_year HQ Location
Provides audience-focused advertising through multiscreen TV and digital channels.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Targetcast Networks

Frequently Asked Questions about TargetCast Networks

When was TargetCast Networks founded?

TargetCast Networks was founded in 2001 and raised its 1st funding round 6 years after it was founded.

Where is TargetCast Networks located?

TargetCast Networks is headquartered in San Ramon, United States. It is registered at San Ramon, California, United States.

Is TargetCast Networks a funded company?

TargetCast Networks is a funded company, having raised a total of $26.8M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6.3M, raised on Sep 01, 2007.

What does TargetCast Networks do?

TargetCast Networks was founded in 2001 in San Ramon, United States, and operates in the digital advertising sector. A technology platform is provided to venue operators for creating and displaying custom promotional content on television screens. Services focus on locations such as restaurants, coffee shops, and bookstores across a national network. A strategic alliance with Premiere Retail Networks is maintained, and acquisition by Brite Media Group occurred in 2011.

Who are the top competitors of TargetCast Networks?

TargetCast Networks's top competitors include Simulmedia, OpenAP and MetaX Software.

How many acquisitions has TargetCast Networks made?

TargetCast Networks has made 1 acquisition, including Ripple.

Who are TargetCast Networks's investors?

TargetCast Networks has 3 investors. Key investors include Mesmerize, DFJ, and Claremont Creek Ventures.

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