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BizBrag Receives Equity Financing
October 10, 2011
Baltimore, MD – BizBrag, Inc., www.bizbrag.com, a provider of online marketing services has received an undisclosed round of equity financing from a group of investors. Headquartered in Sparks, MD, BizBrag has developed a unique and exciting user-generated content service platform technology enabling businesses to create, distribute and monitor their news/updates across the social web. Proceeds will expand BizBrag’s platform development and fund sales and marketing initiatives.
Brian Smith, CEO of BizBrag, commented, “The team at BizBrag is extremely passionate about enabling businesses to reach their customers and prospects online and to capitalize on the growing use of social media. We created BizBrag for the franchise system, enterprise and small business owner who has never been engaged in social media platforms such as Facebook (myself included!) because they are not sure how to use it, and for the business owner who paid huge monthly fees for "seo services" with no results. BizBrag provides step-by-step guidance to creating marketing content, the “Braggit”, and distributing it to all the social media outlets.”
HighBank Advisors www.highbank.com, a Baltimore-based mid-market investment bank, acted as exclusive financial advisor to and placement agent for BizBrag. As part of the agreement between the companies, HighBank has also taken an undisclosed equity position in BizBrag.
Stephen Gaines, Managing Director, at HighBank stated “We believe BizBrag’s scalable platform will transform the way businesses communicate with their customers via the exploding social media and online universe.“
Contact: |
Cherie Homa |
Brian Smith |
About BizBrag
BizBrag is a unique, online user-generated content service platform that enables any franchise system, enterprise or small business to create, distribute and monitor its news/updates to email contacts, social networking sites, collaborative businesses, news feeds, blogs and beyond – a complete social online marketing solution.
About HighBank Advisors LLC
HighBank is a Baltimore-based full services mid-market investment bank and financial advisory firm. The firm provides advice on mergers and acquisitions, raising capital, exit and transaction planning, business valuations, fairness and solvency opinions, loan workouts and debt restructurings, and distressed asset sales. HighBank was formed on a mission that our clients and our people deserve to have their highest expectations met and to receive higher value for their investments of money and time.
All investment banking services are provided by HighBank Securities LLC (“HBS”), a registered broker-dealer and member of FINRA www.finra.org and SIPC www.sipc.org . HBS is a wholly-owned subsidiary of HighBank Advisors.
