Tom Neustaetter, Partner with JK&B Capital adds, "The VMIX team has successfully created a one-stop shop for clients who want to turn their online media properties into rich and engaging communities, particularly for hyper-local news."

"Media consumption habits are rapidly shifting, and audiences are demanding more interaction with content. VMIX is helping media companies to quickly adapt to these changes, helping clients attract, engage, and retain their audience while driving growth in advertising revenues," said Hatch Graham, Managing Director with ATA Ventures.

About JK&B Capital
Founded in 1996, JK&B Capital is a Chicago-based venture capital firm with more than $1.1 billion under management which focuses on the communications and software markets. JK&B has established a track record of generating exceptional returns through its unmatched technology and operational expertise and its rigorous research and investment approach.

About ATA Ventures
ATA Ventures is a venture capital firm focused on seeking out early stage private companies which appear to offer above average prospects for capital growth. With over $350 Million of capital under management, ATA Ventures focuses on Information Technology (IT) and provides seed capital and early stages of financing to these companies.

About VMIX
VMIX is the leading provider of software and services that enable organizations to deliver video, rich media, social networking, user-generated content, and interactive community features to their online audiences.

The VMIX CORE software platform provides a turnkey solution for media management of videos, audio, photos, and slideshows, along with social networking and community features. In addition to powering over 190 partner online media properties, VMIX CORE is the backbone for the VMIX.COM destination website.

Since its inception, VMIX has been a dedicated innovator and on the leading edge of the online media, user-generated content and social networking technologies. The company is the trusted partner for news and entertainment companies like Tribune Interactive, Media General, LIN Broadcasting, and Warner Bros/Telepictures. For more information, visit http://core.vmix.com.

Revolution Partners is one of the nation's largest investment banks focused exclusively on Mergers & Acquisitions and Private Capital Fundraising Advisory Services for technology companies. All of our clients benefit from senior-level attention from partners with deep sector expertise.

Revolution Partners was founded in 2001 by former senior technology bankers from major Wall Street investment banks. With offices in Boston, San Francisco and Los Angeles, Revolution applies partner-level experience to the successful execution of advisory and financing transactions for emerging technology companies in industry sectors including software, Internet business services, telecommunications, wireless, clean tech, digital media, storage and semiconductors. For more information, visit www.revolutionpartners.com.