Press Release: comScore Networks Signs $18 Million Client, Attains Profitability, and Closes $12 Million in Financing
On the heels of lots of second quarter announcements of solid results among public companies in the online media sector, comScore, a private firm focused on Internet research, announced it turned a profit. The company launched four years ago and subsequently acquired one-time e-media measurement leader Media Metrix. The company also said it secured another $12 million in financing from investors including Accel Partners, Adams Street Partners, JP Morgan Partners and Flatiron Partners, brining its capitalization to $88 million. At the same time, the company disclosed the signing of a five-year contract with an unnamed firm for $18 million.
