Skip to content
Advertisements

Blue Lithium – Profile

March 1, 2005

bluelith.jpg
HQ: San Jose, CA
Founded: 2004
Management: CEO is Gurbaksh Chahal. He previously founded Click Agents in 1998, which then merged with ValueClick, Inc. (Nasdaq: VCLK) to create the largest Internet advertising network. Board member Rich LeFurgy, a partner at Walden, co-founded the Internet Advertising Bureau (IAB) and served as its chair for five years.
Investors: Raised $11.5MM Series A from Walden VC and 3i.
Business Model: Ad network consisting of over 1000 affinity based websites. Company pulls together advertisers and content providers and uses a proprietary ad-serving product called AdRevolver.
Competitors: Tribal Fusion, FastClick, Advertising.com, ValueClick
Dirt: Private companies are usually coy about financials, but BlueLithium has not been afraid to flip the PR bird to its competition. Company issued a press release last April to announce it had reached profitability four months after launch. We know competitor Tribal Fusion has been killing it for a while, so we’re not surprised by BlueLithium’s heady start. With profitability in hand, we suspect the $11.5M round was brought in at a very sweet valuation.

Advertisements
3 Comments leave one →
  1. Betsy Markum permalink
    June 2, 2006 6:07 pm

    I can’t believe it, my co-worker just bought a car for $21088. Isn’t that crazy!

  2. June 20, 2006 10:51 pm

    Edmonton dominated the Carolina Hurricanes on Saturday night and the 4-0 margin in Game 6 makes it hard to imagine the Oilers not hoisting hockey’s Holy Grail above their heads in less than 48 hours. And it would not come as any shock to see defenseman Chris Pronger, who had another 31-minute night, take the honors for the Conn Smythe Trophy as the playoff MVP.

  3. June 21, 2006 6:19 pm

    Edmonton dominated the Carolina Hurricanes on Saturday night and the 4-0 margin in Game 6 makes it hard to imagine the Oilers not hoisting hockey’s Holy Grail above their heads in less than 48 hours. And it would not come as any shock to see defenseman Chris Pronger, who had another 31-minute night, take the honors for the Conn Smythe Trophy as the playoff MVP.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: