LastMile exceeds target in equity funding

LastMile Communications has raised well more than its goal in a third round of equity funding to market a content delivery platform that allows munis and their partners to develop new revenue streams by delivering targeted content across their networks.LastMile Communications has raised well more than its goal in a third round of equity funding to market a content delivery platform that allows munis and their partners to develop new revenue streams by delivering targeted content across their networks.

This should open possibilities for munis to deliver localized, targeted content in the form of advertising. It would also allow them to deliver custom and time-sensitive content to promote major events, community activities, and deliver important city-wide messages directly to users.

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