Mediajel Secures $2.5 Million USD in a Funding Round



(Walnut Creek, CA) In the year 2017, Mediajel launched, as an agile advertising platform built specifically for the booming cannabis industry.  The launch included proprietary technology and data accumulation.  This agile advertising platform, is also, geared towards delivering results for the client.  In fact, the word edge can be used instead.  In other words; a business client of Mediajel can successfully strengthen the backbone of its client base, all the while, increasing the business’s market share.  The latter and the former can be done through Mediajel’s unique combination of proprietary technology, insightful analytics, intelligent targeting and an in-house creative studio.  Recently, Mediajel announced that, it continues to be at the service of the cannabis industry.  Specifically, the aforementioned business revealed that, it has secured $2.5 million USD in a funding round.  In total, Mediajel has raised $3 million USD in funds.  As part of the announcement is the revelation that, Thomas Harrison, will be joining the board of directors.  The most noteworthy new investor of Mediajel is Merida Capital Partners.
            Merida Capital Partners, as the most noteworthy new investor of Mediajel, will be contributing funds for the following.  The funds will be used for the following two things.  Those two things are the expansion of sales and marketing capabilities, and, the further development of the artificial intelligence capabilities.  The overall effort, of the previous two things, is to be able to reach key consumers in mainstream publications.  However and returning to, Thomas Harrison.  As previously said, Mr. Harrison will be joining the Mediajel Board of Directors.  This revelation was made, as part of the announcement. 
            Continuing with, Merida Capital Partners, the aforementioned is a private business equity firm.  The targeted sector of the economy, is the cannabis and hemp industries.  This business equity firm, likes to take pride in its motto; responsible investing across the cannabis ecosystem.  As a result; Merida Capital Partners focuses on the cultivation of technologies, products and services that are associated with the evolution of the cannabis and hemp industries.  Cannabis and hemp as agricultural products, plant based medicines, constituents in pharmaceutical formulations and as recreational consumer products is also part; of the previously stated. 
            Jeff Monat is a Senior Partner of Merida Capital Partners.  Through a press statement, Mr. Monat said the following.  “MediaJel’s services and market position are tactically positioned to take advantage of the increasing demand for strategic advertising and marketing solutions required by rising brands in the Cannabis and CBD industries.  We believe the marketplace will continue to see a maturation of brand awareness which will drive budgets for data-driven advertising as brands progressively scale.”
            To end, Mediajel did release press statements.  Aaron Silverman is a Co-Founder and the President of Mediajel.  Through a press statement, Mr. Silverman said the following.  “We are on a rapid trajectory directly in line with the burgeoning cannabis space.  MediaJel is strategically building out our team of marketing, advertising, technology, sales and public relations experts.  We have a deep understanding of the cannabis ecosystem and continue to rapidly achieve internal benchmarks as well as meet and surpass our clients’ expectations.”  Jake Litke is a Co-Founder and the Chief Executive Officer of Mediajel.  Through a press statement, Mr. Litke said the following.  “With the genesis of geospatial intelligence, advanced retargeting and AI integration into advertising, the marketing landscape has completely shifted.  Our clients look to us for comprehensive campaign integration to strengthen their brand, create positive consumer experience and leave an indelible mark on the industry.”  As previously stated, Mediajel recently announced that, it continues to be at the service of the cannabis industry.  Specifically, the aforementioned business revealed that, it has secured $2.5 million USD in a funding round.  In total, Mediajel has raised $3 million USD in funds.  As part of the announcement is the revelation that, Thomas Harrison, will be joining the board of directors.  Lastly, the most noteworthy new investor of Mediajel is Merida Capital Partners. 

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Written from Press Release
Registered Writer at
PR Newswire Association, LLC
R-Berumen28
06/22/2019

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