May 2009
The Peacock Equity Fund, the joint venture between GE Capital’s Media, Communications & Entertainment business, and NBC Universal, today announced it has joined an $8.25MM investment round for EveryZing, a leading provider of search and publishing technology for online content.
EveryZing’s products address the evolving business needs that stem from the rise of new media consumption to enable its customers–providers of online news, entertainment, sports and business–to improve the search experience, build consumption of their multimedia content and better capitalize on the $20 billion online advertising market.
EveryZing has recently been selected by NBC Universal to deploy its universal search and publishing solutions across NBCU’s Internet properties.
“In this market, media companies are looking for the most cost-effective solutions for their online publishing,” said Tom Byrne, managing director and group head, Peacock Equity Fund.
“EveryZing has proven solutions to drive growth of online efforts, making this a very attractive investment opportunity for us.”
“This is an exciting time at EveryZing,” said Tom Wilde, founder and CEO.
“With Peacock Equity’s support and NBCU as an important new customer, we are in a great position to build our business in this dynamic and rapidly developing market.”
“We are pleased to be able to support EveryZing as it continues its impressive growth,” said Michael Chen, president and CEO, GE Capital, Media Communications and Entertainment.
“Even in this market, we continue to provide capital to companies with compelling business models."
Current and previous Peacock Equity investments include Adify, Bigpoint, Healthline, 4INFO, Trion World Network and Loomia.
Want to see what 24 hours of creative awesomeness look like? Click here.
This news message is supported by The Creative Finder, an online platform for photographers, illustrators, designers, and art directors to promote their portfolios towards new clients and collaborators. Creatives who wish to sign up for an account can save 10% off annual fees with promo code 'designtaxi'.
