This is on top of the 115 employees who lost their jobs last November and the 50 morelast August. Throw in natural attrition, and the company, which at one point numbered more than 500 employees, could soon be down to less than 120 people.."
Two firms instrumental in our inception were: Battery Ventures, a leading venture capital firm focused on investing in technology companies at all stages of growth; and Index Ventures, dedicated to working with entrepreneurs in world-class technology companies. Some of Battery Ventures' previous investments include Infoseek and Friendster; Index Ventures's track record includes Skype and Infospace among many others.
Joining these two companies are two of the world's largest advertising and marketing services companies, WPP and Interpublic Group, along with three of the world's largest mass media companies, CBS Corporation, Daily Mail and General Trust (DMGT) and Grupo Televisa, S.A.B. Together, these powerhouse names are backing Spot Runner's mission and vision as a company.
In addition, investors like Allen & Company, Legg Mason, and Tudor Investments, have found Spot Runner a smart choice as an investment for the future of advertising and web technology.