Congrats to Vinny Lingham and crew at incuBeta for securing $3.4 million in venture capital from Mark Shuttleworth’s HBD. The press release states that the investment will help the company expand its presence in the U.S. and U.K. and fund the opening of offices in Silicon Valley. It is great to see investment of this scale in the industry. Money has been flowing into the affiliate networks for a while, but its nice to see the recognition of an affiliate in terms of investment dollars. Good luck to all involved.
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on Feb 2nd, 2007 at 12:40 pm
Thanks Ryan! We’re excited that affiliate based business models are receiving the recognition that they deserve from the investment community!
on Feb 2nd, 2007 at 1:50 pm
Not all do, but you guys have done a good job of raising the profile of legitimate affiliate marketers.