PayPerPost Gets $7Million in Funding

There are no end to surprises from Ted Murphy, the CEO of PayPerPost. If you havent heard of PayPerPost, then maybe it's time you sit up , open up your eyes and ears and read this properly. PayPerPost is one of thetop blogs advertising network on the internet. Led by a gutsy a CEO with big ers, Ted Murphy. He's the one that revolutionalised how advertising works on the internet and the company is growing stronger abd bigger by the day.

Many people were skeptical about him and his ideas at first, but he has proven to them otherwise. It's because of him that many bloggers get the chance to make a decent earnings with their blogs. He now has another big surprise for all posties. Well, i wonder if you're feeling lucky recently? As far as PayperPost is concerned, they are!!! Did you know that they've announced that they've received $7 million dollars in funding this morning.

Ted Murphy would like to thank all his investors, Advertisers and Posties for making this all a reality. Together, they've made this a reality. So, to celebrate the funding, he is pleased to announce a 7 day promotion called Lucky 7's. Between noon today and noon next Tuesday, PPP will be releasing $7k in PPP Opps! They will all be $10.77, $70 or $700! You will be allowed to take one of each, so don't be afraid to take the $10.77 Opps... you can still grab a big money Opp if it pops up on your screen.

And the best news is, these Opps will not be segmented and are available to all users. Check out the press release below for more information :)

Press Release:

The PayPerPost Revolution Accelerates, Sponsored
Blogging Marketplace Secures $7 Million Series B

Draper Fisher Jurvetson leads round and joins Board of Directors

ORLANDO, FL – (June 12, 2007) – PayPerPost, the leading marketplace for advertisers to reach bloggers and other consumer content creators, today announced it has completed a $7 million second round investment led by Draper Fisher Jurvetson, an investor in the company's Series A and one of the world’s leading high-technology venture capital firms. The financing brings the total amount of capital raised by PayPerPost to over $10 million, giving the company considerable resources for further development as the industry’s leading Consumer Generated Advertising marketplace. Additional participants in the round include existing investors Inflexion Partners and Village Ventures as well as new investor DFJ Gotham. With this investment, DFJ Managing Director Josh Stein also joins PayPerPost’s Board of Directors.

“PayPerPost created this exciting new advertising space and has established itself as the industry leader,” said Ted Murphy, chief executive officer of PayPerPost. “Although we’ve only used a portion of our first round capital, this added support from investors unlocks significant growth potential. Our content creator and advertiser ROI metrics clearly demonstrate the upside for PayPerPost’s model. We intend to use this capital to build the infrastructure, visibility and professional expertise necessary to reach and retain a greater network of advertisers and content creators than ever before.”

Since its founding in June of 2006, PayPerPost has signed more than 6,500 advertisers to its groundbreaking service, which has enabled Consumer Content Creators to be compensated for their efforts discussing specific companies, products or services via blogs, videos or other media. The content creators are required to disclose relationships with advertisers on their blog, providing transparency for the end reader. Over 125,000 Internet postings, most in the form of blogs, have already earned money for their creators through PayPerPost’s innovative marketplace. PayPerPost recently released PayPerPost Direct, a disruptive new service that allows advertisers to contract and negotiate directly with individual bloggers they identify through a safe, managed system.

“PayPerPost has laid a strong foundation for the future,” noted Tim Draper, founder and managing director of Draper Fisher Jurvetson. “It continues to attract a critical mass of participants from both the advertising and blogging communities. Analogous to Overture’s sponsored search model, we believe PayPerPost’s business model holds disruptive potential and will enable the company to thrive in the evolving paid-content arena.”

To mark the $7 million dollar funding, PayPerPost has launched a new website detailing the company’s service offering at http://www.payperpost.com. Bloggers and advertisers can easily sign up at the site and begin leveraging the self service marketplace.