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techtarget with numbers

Filed in archive Entrepreneurship on February 28, 2005

This company continues to amaze me:




  • Secured $85 million in funding to bring
    total funding for the company to $127 million. TechTarget's $85 million
    represents the fourth-largest private funding amount secured by a US
    company in 2004.

  • Acquired Bitpipe, the #1
    distributor of IT white papers, and, with TechTarget, one of the two
    fastest-growing media companies serving enterprise IT professionals and
    executives. As a result of the acquisition, TechTarget now owns a
    majority share of the market for the distribution of IT white papers
    and other vendor-supplied content---serving a larger number of IT
    professionals and executives, and generating more revenue from that
    activity, than all other IT publishers combined.

  • Increased the number of employees by 50 percent, from 233 to 349.

  • Added more than 500 advertisers, bringing the total number of advertisers doing business with TechTarget to 2,500.

  • Hired former Computerworldeditor-in-chief Maryfran Johnson, and Joseph L. Levy, founder of IDG's
    CXO media unit and former president and CEO of IDG Communications, to
    helm TechTarget's CIO Decisions Media Group.

  • Announced the April 2005 launch of TechTarget's third print publication, CIO Decisions, the first magazine to serve CIOs and senior IT executives in midmarket companies.

  • Launched its first international properties, TechTarget China and Information Security Taiwan.





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Tags: online  publishing  techtarget  entrepreneurship  technology  venture+capital  please+enter  brothers+next 

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