May 19, 2010 0
RentWiki Funding Shows Lead Gen Still Hot
In a sign that web advertising is still very much viable in a down economy, Atlanta-based RentWiki has recently raised a $2+ million-dollar round of financing designed to continue its strong growth and deliver more qualified leads to hungry advertisers. The site was launched just over a year ago by CEO Jamie Gallo and her team as the latest in a 13-year track record of running real estate web sites like ApartmentGuide.com and Rentals.com.
The round was led by Miami-based Antares Capital Corp., who’s best known for funding deals like SportsLine and BankRate.com. Antares describes themselves as “a private venture capital firm investing equity capital in expansion stage companies and management buyout opportunities for firms headquartered in the Southeast and Texas,” and clearly they’re actively cutting deals.
Gallo’s also an active member of the Jen Bonnett’sStartup Chicks, and shares her marketing experience with up-and-coming female entrepreneurs. We’ll keep an eye on the adverting model and its success rate at RentWiki.com.
Enjoy the video below:
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