Oh my gosh. $7 million in funding. Have you read the news yet? If not, you can check out the press release at the bottom of this post. PayPerPost company is getting strong each day. With this extra funding from investors, this now brings PayPerPost capital to over $10 million. That is quite a lot of money. For all that PayPerPost is going to make us feel lucky too as without us blogger, they wouldn’t have been so successful too. It has already been 11 months since they started and look how big they have grown.

To celebrate this additional of funding, PayPerPost will be having a GREAT 7 day promotion called Lucky 7’s. Why Lucky 7’s? Well, its only for 7 days and between noon today US time till noon next Tuesday, there will be a total of $7,000 in PayPerPost opportunities. No, those opportunities won’t be just one $7,000 but it will be divided like some opportunities would be $10.77, $70 or even $700. Don’t worry, we are allowed to take on of each, so even if you took already a $10.77 opportunity and you see a $700 opportunity pops out on your screen, quickly grab it. Its your lucky day. Oh man, I wish I can grab one of those $700 opportunity. These opportunities will not be segmented and will be available to all posties.

With all that funding, it is good that PayPerPost can share it with us Posties. Thank you that the Lucky 7’s opps are for everyone. I was so afraid if it was only just available to US residents only. Now I don’t have to worry anymore and just wait for my chance to grab the BIG 7. For more info, please take a look at the blog written by ted murphy.

Press Release:

The PayPerPost Revolution Accelerates, Sponsored
Blogging Marketplace Secures $7 Million Series B

Draper Fisher Jurvetson leads round and joins Board of Directors

ORLANDO, FL – (June 12, 2007) – PayPerPost, the leading marketplace for advertisers to reach bloggers and other consumer content creators, today announced it has completed a $7 million second round investment led by Draper Fisher Jurvetson, an investor in the company’s Series A and one of the world’s leading high-technology venture capital firms. The financing brings the total amount of capital raised by PayPerPost to over $10 million, giving the company considerable resources for further development as the industry’s leading Consumer Generated Advertising marketplace. Additional participants in the round include existing investors Inflexion Partners and Village Ventures as well as new investor DFJ Gotham. With this investment, DFJ Managing Director Josh Stein also joins PayPerPost’s Board of Directors.

“PayPerPost created this exciting new advertising space and has established itself as the industry leader,” said Ted Murphy, chief executive officer of PayPerPost. “Although we’ve only used a portion of our first round capital, this added support from investors unlocks significant growth potential. Our content creator and advertiser ROI metrics clearly demonstrate the upside for PayPerPost’s model. We intend to use this capital to build the infrastructure, visibility and professional expertise necessary to reach and retain a greater network of advertisers and content creators than ever before.”

Since its founding in June of 2006, PayPerPost has signed more than 6,500 advertisers to its groundbreaking service, which has enabled Consumer Content Creators to be compensated for their efforts discussing specific companies, products or services via blogs, videos or other media. The content creators are required to disclose relationships with advertisers on their blog, providing transparency for the end reader. Over 125,000 Internet postings, most in the form of blogs, have already earned money for their creators through PayPerPost’s innovative marketplace. PayPerPost recently released PayPerPost Direct, a disruptive new service that allows advertisers to contract and negotiate directly with individual bloggers they identify through a safe, managed system.

“PayPerPost has laid a strong foundation for the future,” noted Tim Draper, founder and managing director of Draper Fisher Jurvetson. “It continues to attract a critical mass of participants from both the advertising and blogging communities. Analogous to Overture’s sponsored search model, we believe PayPerPost’s business model holds disruptive potential and will enable the company to thrive in the evolving paid-content arena.”

To mark the $7 million dollar funding, PayPerPost has launched a new website detailing the company’s service offering at http://www.payperpost.com. Bloggers and advertisers can easily sign up at the site and begin leveraging the self service marketplace.