Moontoast Aims Far in Social Advertising, Raises $5M
January 16, 2013
Boston and Nashville-based Moontoast has raised $5 million from lead investor The Martin Companies and several additional investors in an effort to refocus the company's social commerce platform to social advertising. As part of this switch, Moontoast unveiled Lexus as a new client, which will use the platform to display video ads for its new vehicles. Moontoast also raised $6 million from The Martin Companies last January.