A couple of years ago I met Steve Lavine, the CEO of Transparansee, which provides a range of search capabilities to publishers and content sites. Lavine was featured at DEMO and seemed to be on a fast track to raise a venture round. However he told me in a recent catch-up conversation that the company did not end up closing the round.
But the company gained customers and is currently about to announce large two strategic deals. Lavine said it would also reach profitability soon. That’s a lot to say in this environment, especially for a company targeting local markets.
Lavine said he may want to take VC money for the next round of growth but was relieved that he didn’t have to.
Screenwerk 