Image via CrunchBaseThe Startup That Caught Eric Schmidt's Eye
Spongecell, a startup that turns standard banner ads into rich media look-alikes, caught the eye of Eric Schmidt.
It secured an estimated $1 million investment from the former Google CEO, Jim Pallotta of Raptor Groupe, Brian Rooney and Silverhaze partners.
Spongecell was founded in 2006 by Carnegie Mellon graduates and has eleven
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