New Funding is Fueling the Company’s Online Publisher Program That is Driving Traffic and Ad Revenue to Websites Using the Company’s Innovative Software
SUNNYVALE, Calif. – IngBoo (www.ingboo.com), the best free online service for consumers to organize their Web activities in one place, announced that it has raised $800,000 in seed funding led by Elis Nemes and Saeed Amidi of Amidzad Partners, Doug Tsui of Horizon Ventures and Allen Miner of Sunbridge Partners.
The company also announced the official launch of R3, its online publisher program. R3, which stands for Reach, Revisits and Revenue, offers a new revenue generating opportunity for all online content publishers. It is the only program of its kind to offer advertising revenue to publishers for content previews. To date, more than 50 publishers and advertisers have signed on.
“Over the last several years, we have had the opportunity to evaluate hundreds of innovative startups from around the World,” said Saeed Amidi, founder and CEO of Amidzad Partners. “We believe that IngBoo is a category-defining startup, perfectly positioned to facilitate and accelerate the growth in users who organize their Web activities by subscribing to content previews.”
“IngBoo’s R3 program has enabled us to deepen the relationship with our audience,” said Randa Clay, owner of freestuff4kids.net. “The one-click subscription model with content preview increases visitation to our site and has created incremental revenue opportunity for us.”
“That we were able to raise this amount of seed capital in today’s challenging economic times and secure more than 50 publishers speaks volumes about our technology and business model,” said Rikard Kjellberg, CEO and co-founder of IngBoo. “And even more than giving publishers a new and free way to earn money from their content, IngBoo helps end users save time and money by giving them a free resource to organize all of their Web activities from a single page.”
About IngBoo, Inc.
Headquartered in Sunnyvale, California, IngBoo launched its service in April, 2009. An online marketplace for information updates, the “IngBoo list” delivers users the most relevant and timely information from any source on the Internet; organizing it in a clutter-free user experience. IngBoo returns control of Web-based information to the consumer, separating relevant information from spam and organizing content in a relevant fashion (patents pending). For more information, visit www.ingboo.com.
