Netsertive has acquired Seattle-based Mixpo, a provider of video advertising solutions. No financial terms were disclosed. Netsertive is backed by RRE Ventures, Harbert Venture Partners, River Cities Capital Funds and Greycroft Partners while Mixpo’s investors were GrowthWorks Capital, Madrona Venture Group and Yaletown Partners.
Acquisition expands products, technology, customers and geographic coverage.
“The River Cities team has been insightful and supportive throughout the challenges of launching a new business and the subsequent rapid growth of our company. They understand the key elements of successful strategy, collaboration and the art of getting things done. River Cities is an extremely valuable partner to our company,” says Mark Gilreath, CEO, EndoChoice.
River Cities Capital Funds has announced the sale of MedPlast, Inc., a River Cities Fund IV portfolio company, to Water Street Healthcare Partners and JLL Partners.
New capital will fuel commercial real estate technology pioneer’s continued innovation and expansion.