Subject: RE: Digital Marketing Company (And Lycos Owner) Ybrant Digital Raises $48 Million
From: "Neil Callahan" <[email-masked]>
To: "'Eric Schwerin'" <[email-masked]>, "'Hunter Biden'" <[email-masked]>, <[email-masked]>, <[email-masked]>
Date: Tue, 18 Jan 2011 09:07:45 -0500

Time to raise our prices!

 

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Neil Callahan

Rosemont Seneca

401 Greenwich Street, Suite 400 | New York NY 10013 | 212-933-9965 |
212-796-4037

1010 Wisconsin Avenue, Suite 705 | Washington DC 20007 | 202-333-1880

917-945-9516 (mobile) 

866-749-8879  (fax) 

From: Eric Schwerin [mailto:[email-masked]] 
Sent: Tuesday, January 18, 2011 8:37 AM
To: Hunter Biden; [email-masked]; [email-masked];
[email-masked]
Subject: Digital Marketing Company (And Lycos Owner) Ybrant Digital Raises
$48 Million

 <http://feedproxy.google.com/~r/Techcrunch/~3/6Ac45GnSgPE/> Digital
Marketing Company (And Lycos Owner) Ybrant Digital Raises $48 Million

Looks like investors are increasingly looking at India for financing
fast-growing Internet companies. Helion, Accel Partners and Tiger Global
just
<http://techcrunch.com/2011/01/18/online-retailer-letsbuy-com-raises-6-milli
on-from-helion-accel-tiger-global/> pumped $6 million into ecommerce site
<http://www.letsbuy.com/> LetsBuy.com, and now digital marketing company
<http://www.ybrantdigital.com/> Ybrant Digital has
<http://www.businesswire.com/news/home/20110118005914/en/Ybrant-Digital-Secu
res-48-Million-Funding> announced the closing of a
<http://www.crunchbase.com/company/ybrant-digital> $48 million round of
funding, as combination of debt and equity.

Ybrant Digital says it will use this new round of funding to grow its reach,
develop new technology, expand internationally and explore acquisitions.

Oak India Investments, an affiliate of
<http://www.crunchbase.com/financial-organization/oak-investment-partners>
Oak Investment Partners, participated in the new financing round; joined by
current investors, Asia Pacific Capital, as well as ICICI Bank.

If the name Ybrant Digital sounds familiar, it's probably because of its
acquisition of search portal  <http://www.crunchbase.com/company/lycos>
Lycos last year, for  <http://techcrunch.com/2010/08/16/lycos-ybrant/> $36
million.

Founded in 2000, Ybrant Digital boasts offices in 20 countries, including
US, Argentina, Brazil, Chile, Uruguay, Mexico, UK, France, Germany, Sweden,
Ukraine, Serbia, Israel, China, India, and Australia. The company provides
digital solutions to brands like SAP, Porsche, UPS, Chevrolet and Lufthansa.

Ybrant Digital has partnerships in place with publishers like Facebook,
Google, MSN, Yahoo!, Viacom and About.com.

Assuming the information in CrunchBase is still accurate, the Hyderabad,
India-based company has raised a whopping
<http://www.crunchbase.com/company/ybrant-digital> $103 million to date.