This fundraise will enable another step change in the Company’s on-going revenue growth story. It should also enable us to further increase margins in the future by accelerating the development of our own ad-server technology.”
/ THIS TRANSACTION
David McDonagh, Ciesco Partner, advises Audioboom,London-based podcast creation/hosting company, with a further fund raise of £4.5m.
The investment will allow Audioboom to consolidate its rapid revenue growth, focused on US and UK operations.