London, 08 July 2009 – Clash-Media, the specialist in customer acquisition through Online Lead Generation, has secured a further 1.3 million GBP investment from MMC Ventures. Clash-Media now has offices in the UK, US, Denmark, Sweden, Germany and France, and this latest investment will help fund important European expansion into Spain and Italy. Clash-Media has achieved significant growth over the last two years, positioning itself as the global market leader for Online Lead Generation. The company was recently named as one of the Top 15 fastest growing digital media companies according to GP Bullhound, Europe's leading technology investment bank.
MMC has provided Clash-Media with growth capital since June 2007 and this funding round takes its total investment to over 4.9 million GBP. In addition to its international growth, Clash-Media is committed to developing industry leading-edge technology, such as its Data Quality module designed to eradicate fraudulent leads. The MMC investment will enable Clash-Media to continue its programme of development, including an international Email Delivery Platform to maximise inbox delivery rates – a key requirement for the industry and vital in the current climate as marketing budgets are squeezed.
Ben Richardson, Investment Manager for MMC who lead the investment comments: "Clash-Media is well positioned in this market as it allows its customers to clearly measure return on marketing spend. Last year the business grew at over 100 pc per annum and we think this is a good time to be investing in growth businesses – we are delighted to support Clash-Media with further funding to enable its next growth phase."
Simon Wajcenberg, CEO of Clash-Media: "Since our launch in 2006 we have experienced phenomenal growth both across Europe, where the Online Lead Generation market is in its infancy, and in the US where it is far more established.
"In a difficult financial climate, companies, regardless of size, need good quality sales leads to generate business and revenue. We are finding that now major global blue chips are placing an increased importance on our performance-based approaches," added Simon Wajcenberg. "In a climate where cash is king, I am delighted to receive this additional funding boost. It reinforces the confidence that MMC Ventures has in Clash-Media, and I am really looking forward to the next stage in our growth plan."
Clash-Media delivers a global and fully transparent Online Lead Generation service that connects advertisers with consumers. It is a full-circle customer acquisition solution that collects and manages prospective customer data for its clients, producing qualified leads in line with advertisers' exact specifications to deliver a strong return on investment. Clash-Media provides its clients with a centralised managed service to support any lead generation campaign. It has established a wide global network of partners that enables it to operate in any market around the world, and its quality control processes and technologies maintain the highest standard of lead generation.
About MMC Ventures
MMC Ventures invests growth capital in UK companies. With £70m under management MMC supports its companies through multiple funding rounds as they grow. MMC invests on behalf of private investors and smaller institutions. Since it began in 2000 MMC has established a strong track record of growing and selling businesses. MMC was named EIS Fund Manager of the Year by the EISA in January 2009.
For more information please visit www.mmcventures.com
Investor Relations and Marketing Manager, MMC Ventures
Tel: 020 7361 0212
Clash-Media launched in 2006 and now delivers around five million fully opted-in sales leads every month for customers around the globe, including Whiskas, Toyota, Cheapflights and AXA.
Clash-Media currently has offices in London, New York, Copenhagen, Stockholm, Munich and Paris, with plans to expand into Spain and Italy, followed by Asia-Pacific.
Additional information is available at www.clash-media.com
IBA - PR for Clash-Media
Tel: 01780 721 433
Marketing Director, Clash-Media
Tel: 020 7096 1963