MixerCast nabs $4
MixerCast nabs $4.1 million for widget ads.
As the display advertising market tanks, widget-based ad networks like MixerCast still seem to be netting cash. After raising $6 million last year, the San Mateo, Calif. company has announced the close of another $4.1 million round led by Intel Capital.
MixerCast”s business is essentially dual pronged. For end users, it provides a drag-and-drop platform for creating and publishing widgets on social networking sites like Facebook and MySpace. Dubbed MCast Suite, this platform essentially serves as a container for other widgets. This structure allows MCast Suite users to mix all sorts of licensed and personal video, music, and even third-party ad widgets into a single publishable widget. Although competitors offer similar services, MCast Suite”s primary appeal is its ease of use.more