OPEN

I don’t generally do company news on this blog, but it would be churlish of me not to mark this news announcement.

Last week, iCrossing, Spannerworks‘ parent company closed on a round of investment led by Goldman Sachs for US $62 million.

From the announcement release:

“iCrossing is at the forefront of developing search and social media strategies that engage – not alienate – users,” said Richard Rosenblatt, chairman of iCrossing and former chairman of MySpace. “The market is responding and iCrossing has seized a leadership position in the digital space. With CEO Jeff Herzog’s vision for the future, there are sure to be even bigger things to come.”

Very exciting to be part of this company at the moment, to say the least. 

If you want to read bit more take a look at the iCrossing press release and coverage on the following:

• BloggingStocks: iCrossing the next aQuantive?
• Red Herring: iCrossing finds $62 million
• TechConfidential: iCrossing lands fat round