TechCrunch profiles ScribbleLive’s $8M funding raise

Reading time: 1 min

ScribbleLive turned 5 last month. Our birthday party was typical of most 5-year-olds, all hotdogs and ice cream. CEO Michael De Monte sweetened the celebration with the announcement of $8 million in financing, a vote of confidence from investors new and old that Scribble has great things in the works.

TechCrunch’s Darrell Etherington published an article on Tuesday outlining Scribble’s plans for media and brands. To give you an idea of how much has changed in the years since our company launched, check out this article TechCrunch wrote in 2008 when Scribble was just two guys from Canada looking for a better way to tell stories in real time. We’ve changed a lot more than the logo since then – we’ve gained some amazing clients, hired a ton of talented employees and transformed how media and brands tell stories online. This month we launched a new website in addition to our real-time content Market, and continue to add new features to our platform.

Here’s an excerpt from TechCrunch’s latest article:

“Scribble will be using this funding in part to push its ScribbleMarket syndication efforts, but also to help expand its platform, both internationally and among different kinds of customers. De Monte says that content marketing is a big target area where Scribble wants to do more, and the round can definitely help with those efforts.

‘If you look at a news site today like TechCrunch, it changes every five to ten minutes,” he said. “If you look at a brand’s website today, it’s static in most cases. You could look at Samsung today and go to Samsung a week from now and it’ll look exactly the same, more or less. If they’re really trying to go down this path of becoming media companies and being responsible for their own stories and creating engagement, we believe our platform is the platform for that type of engagement.'”

Read the rest of the piece here.

See how ScribbleLive drives results

Schedule a tour to see how ScribbleLive can help your content succeed predictably.