July 12,
2005
icrossing is the leading
provider of search engine marketing services
Generation Partners announced
today that the firm made an investment in icrossing,
Inc. (“icrossing”), the largest independentsearch
engine marketing firm. Generation invested alongside
RRE Ventures, aspart of a $13 million round of financing.
Founded in 1998, icrossing
has long been an innovator and industry leader in Natural
Search Engine Optimization. NSEO is the process of writing
or editing online content to be more relevant, so that
it appears higher in the non-sponsored listings of the
leading search engines, like Google and Yahoo. The Company
optimizes web pages to ensure that search engine “spiders”
can find and read the content. In this way, icrossing
can help its clients ensure that their sites are seen
by more consumers searching for their product or service.
The Company coined the term “Reverse Direct Marketing”
to show how, with search, the customer seeks the business,
and the business ensures it is found where the customers
are looking. To service all its clients search engine
marketing needs, icrossing also provides paid search
solutions and web analytics, in addition to natural
search solutions. The Company has a diverse and impressive
customer base, including: General Motors, FedEx Kinko’s,
TJ Maxx, Genworth Financial, Discovery.com, Fairmont
Hotels & Resorts, Restoration Hardware, The Sharper
Image, Symantec, PR Newswire, Red Roof Inns, Motel 6,
and Royal Caribbean.
John Hawkin, Managing General
Partner at Generation Partners, said “Jeff Herzog
and his management team have built the industry leader
in the space by focusing on unparalleled client service
and innovative technology development. Generation is
excited to become icrossing’s partner as it accelerates
its growth in these rapidly expanding markets. “
“I am very pleased
to announce our new partners,” said icrossing
CEO and Chairman Jeffrey Herzog. “While we were
already operating profitably, we saw the opportunity
to further capitalize on the rapidly accelerating need
for Fortune 1000 firms to deploy comprehensive search
strategies. Additionally, RRE and Generation truly cement
our market position as ‘The Agency. The Technology.’
With a team of over 130 professionals across the United
States, icrossing is now in a position of great strength
to expand even faster and leverage the unique and differentiating
technology underlying our Reverse Direct Marketing™
platform.”
About icrossing, Inc.
Founded in 1998, icrossing is both the Agency and the
Technology behind search advertising. The Agency delivers
on Search Intelligence™, Natural Search Engine
Optimization, Paid Search Management, Web Analytics,
and Content Services by leveraging its Reverse Direct
Marketing Technology platform. Together, The Agency
and The Technology connect, communicate and close more
business for icrossing's Fortune 1000 clientele. For
more information, visit www.icrossing.com.
About Generation Partners
Generation Partners is a $325 million private investment
firm focused on providing equity capital to growth-oriented
companies through buyout, growth equity, and venture
capital investments. The firm targets $3-20 million
investments focused primarily on 1) Business Services/Outsourcing
2) Information Services/Media and 3) other businesses
for which technology is a key element of strategy. Some
of Generation's portfolio companies include: Virtual
Radiologic Consultants, MedVance Institute, Post Education,
Sterling Testing Systems, Agility Recovery Solutions,
High End Systems, Hotjobs, The Platform for Media, Promatory
Communications, and American Cellular Corp. The firm
has offices in Greenwich, CT and San Francisco, CA.
For more information on Generation Partners, please
visit www.generation.com. |