Millennial Media, one of the country’s largest advertising networks for mobile devices, said Monday it raised $16 million in new funding that it will use to hire more staff and fuel its international expansion from its Baltimore headquarters.
The funding was part of a Series C round led by New Enterprise Associates, a venture capital firm with an office in Baltimore. Existing investors Bessemer Venture Partners, Columbia Capital and Charles River Ventures also participated. Since its founding in 2006, Millennial has raised more than $40 million in venture capital funding, according to Paul Palmieri, its co-founder, president and chief executive.
Read More: http://www.baltimoresun.com/business/bal-bz.millennial17nov17,0,2549183.story
Ad ban to target personal injury lawyers
JOEL GIBSON LEGAL AFFAIRS
PERSONAL injury law firms, sometimes derided as the ”ambulance chasers” of the legal profession, are using a variety of tricks to exploit loopholes in NSW laws banning them from advertising their services.
So the NSW Government, which has had mixed results in stopping them, will step up its campaign this week by seeking a national advertising ban.
Since 2005 restrictions were introduced in NSW, some firms have begun using devices such as disclaimers and pop-up permission screens on their websites to get around the regulations.
Others solicit business using third-party ”compensation advice” firms, ”injury helplines” or automatic dialling services, where a person receives a telephone voice message asking if they have been injured and giving them the option of pressing a button to receive further advice.
Read more: http://www.smh.com.au/national/ad-ban-to-target-personal-injury-lawyers-20091102-htfk.html
