Interactive Media Firm RGM Group Raises $21M, Adds Former Fastclick Exec Kurt Johnson As CEO

Funding Rounds

Summary

It’s also added former FastClick and ValueClick exec Kurt Johnson as its new CEO, and moving founder Kamran Razavi into the role of chief strategy officer. RGM’s sweet spot is in building custom campaigns for advertising clients, which include brands like Jaguar, American Express, and Sony. Johnson, who served as CEO of FastClick and CFO of ValueClick will oversee the company, as it moves beyond just providing bespoke ad solutions to publishers and seeks to increase the amount of clients and campaigns it can deploy at any time. It’s also added former Marshall Industries CEO Rob Rodin and RLH partners Chris Lewis and Ryan Smiley to its board of directors, joining Johnson and Razavi. With the funding, RGM will work to grow all parts of its business, including adding sales, creative, product, and technology hires.

$ Funding

$
Amount $21.0M Total raised
Date September 19, 2012 Announcement date
Investors Riordan, Lewis & Haden, Inc. Lead investors
Company http://www.rgmgroup.com Funded company

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Web and Content Management

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