Spot Runner gets $40 million from WPP, CBS, Interpublic

By Vivek Puri | October 30th, 2006 at 11:22 am ET         

Spot Runner today closed its Series $40 million Series B round of funding. This round of investment was lead by major media companies including WPP, CBS, Interpublic. Spot Runner, located in Los Angeles, was co-founded by Nick Grouf and David Waxman in January 2006.

Spot Runner enables local businesses to advertise on TV in a easy and cost effective manner. Using Spot Runner advertising-commercial platform customers have complete control of their ad, media plan, and budget. To get started quickly, Sport Runner provides a library containing thousands of ads, organized by industry and keyword, which can be personalized by the customer. If customers have their own media plan, they can use that with the Spot Runner service. Once you have picked your ad, Spot Runner provides Starter, Standard, and Professional packages which vary in the pricing and number of options available.

Ad campaigns through Spot Runner will be aired on television broadcast through local stations and cable companies. However these ads will not be viewable by satellite dish users.

Links:
Spot Runner

Tags: StartupSquad - Funding - Advertising