DataBanq Internet Media Services, Inc. Raises Series A Round of Financing

DataBanq Internet Media Services, Inc., an Orlando-based content and data aggregator recently closed its Series A round of investment lead by Inflexion Partners, a seed and early stage venture fund based in Florida. Additional investors include Village Ventures (www.villageventures.com); Guideline, Inc. (OTCBB: GDLN), the nation’s leading single-source provider of customized business research and analysis; and John Katzman, President and founder of the Princeton Review. The investment will help DataBanq bring on key talent and expand the company’s development resources.

ORLANDO, FL (PRWEB) August 11, 2006 -- DataBanq Internet Media Services, Inc., an Orlando-based content and data aggregator recently closed its Series A round of investment lead by Inflexion Partners, a seed and early stage venture fund based in Florida. Additional investors include Village Ventures (www.villageventures.com); Guideline, Inc. (OTCBB: GDLN), the nation’s leading single-source provider of customized business research and analysis; and John Katzman, President and founder of the Princeton Review. The investment will help DataBanq bring on key talent and expand the company’s development resources.

“The additional category expertise and development resources will allow us to provide more quality content and resources for consumers or businesses seeking relevant purchase driving information,” stated DataBanq President David Bayer. “In addition to our financial categories, we are excited about the application of our resources towards strides in the health, medical and pharmaceutical spaces.”

“We look forward to partnering with the founding team of Databanq,” said James Boyle Managing Partner of Inflexion Partners. “We believe the Company has the ability to provide significant value to businesses looking to leverage the on-line marketplace as a customer acquisition tool.”

DataBanq
DataBanq is a Florida-based content and technology provider that specializes in industry specific relevant information to help businesses and consumers make smart purchasing decisions. For more information about DataBanq, please visit http://www.databanqmedia.com

Inflexion Fund
Inflexion Fund, L.P. by Inflexion Partners is an early stage venture capital fund organized with an emphasis on company building and harnessing the regional, national and international resources of the Fund’s managers and strategic partners. Inflexion, an affiliate of the Village Ventures network of venture capital funds, is Florida’s only fund leveraging a network venture capital model involving some of the largest institutional investors in the country. For more information on Inflexion Partners please visit www.inflexionvc.com.

Village Ventures
Village Ventures is an early stage venture capital firm investing in exceptional entrepreneurs building information technology and life sciences companies in emerging domestic geographies. Village Ventures identifies promising investment opportunities in partnership with its nationwide network of 13 early stage venture capital funds focused on these emerging markets. The combination of local capital and hands-on investment focus with Village Ventures' centralized services and national network helps create compelling and innovative companies.
www.villageventures.com

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