Direct Media Technologies specializes in domain ownership, domain monetization and domain sales, operating a portfolio of over 80,000 Internet domains that generate revenue through advertisements. The company is led by CEO Ted Steube and is based in Toronto, Canada. It recently raised US$4.2m in equity financing to support its operations. Management intends to use the funding to continue consolidating its focused niche in the web domain sector. The company is also planning a larger US$30m debt and equity financing. No other financial metrics or past round details are provided in the article.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2011