Futuri Media Gets Investment From Millpond Equity Partners

Investment

FUTURI MEDIA LLC has a new investor, with MILLPOND EQUITY PARTNERS making an investment of an undisclosed amount in DANIEL ANSTANDIG's company which offers audience engagement and sales tools to broadcasters, including the POST podcasting/on-demand platform, the TopicPulse social intelligence platform, and the TopLine sales intelligence platform.

“FUTURI was founded with the mission of providing cloud-based technologies that enable broadcasters to capitalize on the rise in digital audio and video consumption. Our most important goal is supporting our clients’ success in using our platforms to drive audience and revenue growth,” said ANSTANDIG. “We put our skill and passion to work every day for the betterment of our clients and partners, and we saw the same integrity and spirit in MILLPOND’s approach. MILLPOND is the ideal partner to collaborate with us in continuing to deliver on our mission by broadening and enhancing our service offering and providing strategic guidance as we embark on our next phase of growth.”

MILLPOND's LARRY SHAGRIN added, “FUTURI’s demonstrated ability to drive revenue growth for its customers has established it as the leader in its market and the Company has a terrific track record of delivering products and technology with a strong value proposition, leading to deep customer relationships. FUTURI has a number of avenues for future growth and we are excited to partner with DANIEL ANSTANDIG and the talented, experienced team he has assembled to drive continued success for the Company and its client base.”

Additional financing for the transaction was provided by JP MORGAN ASSET MANAGEMENT, ABERDEEN STANDARD INVESTMENTS, OXER CAPITAL, FIRST MERCHANTS BANK, management, and original angel investors ZAPIS CAPITAL GROUP.

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