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Consorte Media, the leading provider of online marketing solutions targeting the Hispanic market, today announced that it has secured $7 million in Series B funding. The round was led by new investor Sutter Hill Ventures and included a follow-on investment from existing investor Mayfield Fund. With this round, Greg Sands, managing director, Sutter Hill Ventures, will join the Consorte Media board of directors. Consorte Media, whose integrated advertising platform has already surpassed reach of over 1 billion impressions per month and serves customers including Best Buy and Monster, will use the funding to continue business expansion.
“Consorte Media is far and away the leader in helping brands connect with Hispanic consumers online, and we’re thrilled to support the company’s rapid growth as it signs new advertisers, adds more publishers to its ad network and expands its innovative marketing offerings,” said Greg Sands, managing director, Sutter Hill Ventures. “The U.S. Hispanic market is the fastest growing online segment, with 20 million users already online. Consorte is leading the way in helping publishers and advertisers reach this valuable segment.”"*
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