Since I joined Payperpost, I never thought there would be a lot of benefits that Posties get. I thought all it offers is the opportunity for bloggers to advertise on blogs and get paid only . Everyday gets even more exciting because they are also organizing contests that are worth watching for. Just today, they are announcing that Payperpost has received $7M dollars in funding. This is great news to us bloggers because we have also taken part of making Payperpost a big success. In celebration to this, they are giving away a new promotion. It’s called Lucky 7’s in which they will be giving away opportunities worth $7k in all which will be from $10.77, $70 or $700 every Tuesday starting today. Isn’t that exciting? What’s even great about it is that it’s available to everyone and you get the chance to take one of each denomination.

After that big bang last month on HDTV Tuesday, I’m sure this will be another hit. I’m very glad how Payperpost has evolved and succeeded. This has really contributed a great deal to the blogger community. I really appreciate how this affects me as a stay-at-home mom since I never even thought I can make money through blogging. Besides working at the comfort of your home, you get to pick your own time. You don’t even have to worry about not meeting a deadline. You can even watch your kids while working on your postings. Read on to this press release for more information.

Press Release:

The PayPerPost Revolution Accelerates, Sponsored
Blogging
Marketplace Secures $7 Million Series B

Draper Fisher Jurvetson leads
round and joins Board of Directors

ORLANDO, FL – (June 12, 2007) –
PayPerPost, the leading marketplace for advertisers to reach bloggers and other
consumer content creators, today announced it has completed a $7 million second
round investment led by Draper Fisher Jurvetson, an investor in the company’s
Series A and one of the world’s leading high-technology venture capital firms.
The financing brings the total amount of capital raised by PayPerPost to over
$10 million, giving the company considerable resources for further development
as the industry’s leading Consumer Generated Advertising marketplace. Additional
participants in the round include existing investors Inflexion Partners and
Village Ventures as well as new investor DFJ Gotham. With this investment, DFJ
Managing Director Josh Stein also joins PayPerPost’s Board of Directors.

“PayPerPost created this exciting new advertising space and has
established itself as the industry leader,” said Ted Murphy, chief executive
officer of PayPerPost. “Although we’ve only used a portion of our first round
capital, this added support from investors unlocks significant growth potential.
Our content creator and advertiser ROI metrics clearly demonstrate the upside
for PayPerPost’s model. We intend to use this capital to build the
infrastructure, visibility and professional expertise necessary to reach and
retain a greater network of advertisers and content creators than ever before.”

Since its founding in June of 2006, PayPerPost has signed more than
6,500 advertisers to its groundbreaking service, which has enabled Consumer
Content Creators to be compensated for their efforts discussing specific
companies, products or services via blogs, videos or other media. The content
creators are required to disclose relationships with advertisers on their blog,
providing transparency for the end reader. Over 125,000 Internet postings, most
in the form of blogs, have already earned money for their creators through
PayPerPost’s innovative marketplace. PayPerPost recently released PayPerPost
Direct, a disruptive new service that allows advertisers to contract and
negotiate directly with individual bloggers they identify through a safe,
managed system.

“PayPerPost has laid a strong foundation for the
future,” noted Tim Draper, founder and managing director of Draper Fisher
Jurvetson. “It continues to attract a critical mass of participants from both
the advertising and blogging communities. Analogous to Overture’s sponsored
search model, we believe PayPerPost’s business model holds disruptive potential
and will enable the company to thrive in the evolving paid-content arena.”

To mark the $7 million dollar funding, PayPerPost has launched a new
website detailing the company’s service offering at http://www.payperpost.com.
Bloggers and advertisers can easily sign up at the site and begin leveraging the
self service marketplace.



0 Responses to “Payperpost revolution accelerates”

  1. No Comments

Leave a Reply





 

January 2009
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031