Tuesday, April 28, 2015

Solve Media raises $6M for Captcha tech

First Round-backed Center City online ad and security firm plots growth

Solve Media raises $6M for Captcha tech

Online advertising and CAPTCHA-based security and data systems developer Solve Media has raised $5.65 million from private investors, according to this Form D private-equity filing with the Securities and Exchange Commission.

The firm, founded by ex-Google, VoiceStar, Reed Elsevier executive Ari Jacoby and three partners, counts First Round Capital's Chris Fralic and Deep Focus ad developer Ian Schafer among its directors. 

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PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
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