What Company Is Offering:
Hanger Network In-Home Media provides leading national & regional marketers with advertising, promotion & sampling programs delivered directly into the home through its proprietary network of 35,000 dry cleaners. Replacing billions of wire and plastic hangers, its patented EcoHangers have established an efficient and effective national marketing platform that's great for business and great for the environment. EcoHangers are 100% recycled and recyclable, manufactured in EPA-regulated factories in the U.S., and have proven to be stronger than wire hangers in laboratory strength tests.
How Much They Got From VCs:
Capitalizing on strong market traction with advertisers and strategic partners, Hanger Network (hangernetwork.com) announced a $10 million Series B Financing round, led by ABS Ventures with participation from existing investors Sigma Partners and Kodiak Venture Partners. Scott Yaphe of ABS Ventures will join Bob Davoli and Chip Meakem, Series A lead investors for Sigma and Kodiak, respectively, as members of the Hanger Network’s Board of Directors.
Hanger Network In-Home Media provides national and regional marketers with advertising, promotion, and sampling programs delivered directly into the home via its patented EcoHangers and through its proprietary network of 35,000 dry cleaners. The result is a highly targeted and efficient in-home marketing platform that is invited into the home, viewed in an uncluttered environment, and good for business and for the environment.
More at:www.hangernetwork.com
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