# Voxant

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/voxant

- Industry: Media
- Headquarters: Reston, US
- Website: www.thenewsroom.com
- Total disclosed funding: $10M
- Latest round: Series B (Sep 1, 2006)
- Investors on record: 3

## About

Voxant is a digital communications company that specializes in providing advanced media distribution solutions, enabling businesses to effectively engage with their target audiences through press releases and multimedia content.Founded in 2005 and headquartered in Reston, US, Voxant provides digital media solutions, facilitating the distribution of news and press releases. In September 2008, the company was acquired by Anystream, which later rebranded to Grab Networks. The firm has been involved in 2 investment deals, raising a total of USD 10.00 mn through its Series B funding round led by Court Square Ventures, Longworth Venture Partners, and Softbank Capital, achieving a current valuation of USD 21.91 mn.thenewsroom.com specializes in providing comprehensive digital communication solutions designed to enhance media outreach and engagement for businesses across various sectors. The core offerings include a robust media distribution platform that facilitates the dissemination of press releases, news updates, and multimedia content to targeted audiences, ensuring maximum visibility and engagement. These services are tailored to meet the needs of corporate clients, PR agencies, and marketing teams who seek to effectively manage their public relations efforts. The platform supports a diverse client base, including enterprises in technology, healthcare, finance, and consumer goods, enabling them to reach journalists, influencers, and industry stakeholders across North America and Europe. The company’s products have evolved through several iterations since their initial release, continuously integrating user feedback to enhance functionality and user experience.thenewsroom.com operates on a subscription-based revenue model, providing clients with tiered pricing plans that cater to different levels of service usage and features. Businesses typically engage in annual or monthly subscriptions, which grant access to the platform's media distribution tools, analytics, and customer support services. For instance, clients may choose a basic plan that includes essential distribution capabilities or opt for premium packages offering advanced targeting options and additional promotional features. Transactions occur between the company and its clients directly, with invoicing processed at the start of each billing cycle. The range of products and services encompasses flagship offerings that are pivotal for maintaining effective communication strategies, solidifying the company's position within the digital media landscape.Voxant is focused on enhancing its product offerings and expanding into new markets. The company plans to launch innovative features for its media distribution platform by the end of 2009, aiming to bolster user engagement and analytics capabilities. Furthermore, Voxant is targeting expansion into European markets to increase its client base by 2010. The recent Series B funding of USD 10.00 mn will support these initiatives, with resources allocated towards product development and market entry strategies. In September 2008, the company was acquired by Anystream, a portfolio company of Citigroup, Falcon Private Equity, Intel Capital, and SCP partners, which provided a strategic advantage for future growth.

## Funding rounds

- Series B, Sep 1, 2006, $10M — Longworth Venture Partners, Softbank Capital, Court Square Ventures

## Investors

- Longworth Venture Partners (https://capitalatlas.ai/funds/longworth-venture-partners) — Series B
- Softbank Capital (https://capitalatlas.ai/funds/softbank-capital) — Series B
- Court Square Ventures (https://capitalatlas.ai/funds/court-square-ventures) — Series B