Bizo finances debt to lend itself investment options

06/25/2013 | Advertising Age (tiered subscription model)

Business-to-business ad network Bizo is financing debt for a rainy-day fund as it heads toward profitability. The company works with such advertisers as General Motors, AT&T and American Express, reaching 90% of the business community, according to Bizo CEO Russell Glass. The $12.5 million from City National Bank gives the company "option value. If we want to make an acquisition or decide to invest heavily in something ahead of the curve, we can," Glass says.

View Full Article in:

Advertising Age (tiered subscription model)

Published in Briefs:

SmartBrief Job Listings for Media

Job Title Company Location
Senior SEO Strategist
iCrossing, Inc.
New York, NY
Solutions Engineer
http://urbanairship.com
Portland, OR
Business Development Associate
inMarket Media LLC
CA
Sr. Manager, Sales Marketing - Mobile
Pandora Media, Inc.
New York, NY
Manager, Sales Marketing- Gaming & Entertainment
Pandora Media, Inc.
Oakland, CA