Toronto Based Direct Media Technologies Which Owns 80K Domains, Gets $4.5 Million In Equity Financing | The Domains: "by MHB
Direct Media Technologies Inc. today announced the closing of a US $4.2 million round of equity financing with a group of Canadian and foreign private investors.
Raymond James Ltd. and Ubequity Capital Partners Inc., along with several others, assisted the financing.
Toronto based Direct Media Technologies is an internet company that specializes in domain ownership, domain monetization and domain sales. The company owns over 80,000 Internet domains and derives revenue through advertisements.
Direct Media Technologies intends to use proceeds to continue to aggressively consolidate its focused niche of the web domain sector."
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Friday, June 17, 2011
Toronto Based Direct Media Technologies Which Owns 80K Domains, Gets $4.5 Million In Equity Financing | The Domains
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“Direct Media Technologies said it now plans to embark on a US $30 million financing which is anticipated to be a hybrid of debt and equity”.
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