Vodafone Ventures is among the investors backing locally-based advertising service LocalResponse in its latest round of financing, worth $5m.
US-based social advertising service LocalResponse raised $5m in funding yesterday from investors including UK-based telecommunications company Vodafone’s corporate venturing unit Vodafone Ventures.
Venture capital (VC) firm Cava Capital, investment firm Advancit Capital and Progress Ventures, the venture capital firm spun-out from investment bank Progress Partners, made up the rest of the syndicate of new investors backing LocalResponse.
The firms joined existing backers including Metamorphic Ventures, Extreme Venture Partners, FF Ventures and Acadia Woods Partners in the round. Metamorphic was among…
