Quigo raises 30M$, lands an ad agreement with Time

Quigo raises 30M$ (valuation of 250M$) from IVP and their existing investors. Quigo has an on-line advertising platform, and lists ESPN, Fox, ABC and others as clients. They have also signed a big contract with Time. 

''Globes'' also reports that the company is readying for a Nasdaq IPO, which will probably take place in early 2008.

Read more here (Globes, hebrew)

Globes- English

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