NextMedium is backed by leading technology venture capital firms including:
Bessemer Venture Partners is the oldest venture capital practice in the United States. With offices in Silicon Valley, Boston, New York, Shanghai and Mumbai, the firm manages more than a billion dollars of venture capital, carrying on a tradition of hands-on, active venture investing that has continued since 1911. Over 100 Bessemer companies have gone public, including American Superconductor, Ciena, Gartner Group, Ingersoll Rand, International Paper, Maxim, Parametric, PerSeptive Biosystems, Staples, VeriSign, Veritas and W.R. Grace.
"Technology in the form of PVRs, pay-per-view, downloads and web streaming is killing the value of the 30-second spot for brand marketers. That's why we set out to fund the team that can offer brands a reliable, scalable, and measurable alternative, with comparable reach and recall. Simply put, NextMedium is the Google of audited, branded integration."
-- David Cowan, Bessemer Venture Partners
Ascend Venture Group, LLC is a private investment management firm headquartered in New York City. Ascend combines highly sophisticated financial expertise with unique access to investment opportunities to create attractive risk/reward portfolios and partnerships for its investors. The firm targets investment opportunities in the applied technology and for-profit education industries.
"I believe that NextMedium is poised for explosive growth, and that the company's technology solutions will shape the future not only of product placement but of advertising in general."
-- Darryl Wash, Ascend Venture Group
Globespan Capital Partners is a leading global venture capital firm investing in information technology companies. The firm is focused on a balanced investment strategy across all segments of the IT sector. With offices in Boston and Palo Alto, as well as a business development office in Tokyo, Globespan is uniquely positioned in the US venture capital industry to provide portfolio companies access to global markets, customers, and partners.
"Audience behavior is changing. The entertainment and advertising industries are changing along with it. NextMedium understands this change -- and they've built the right solution at the right time."
-- Jonathan Seelig, Globespan Capital Partners