LocalResponse Buys Social TV Advertising And Check-In Platform Philo

Local Response, a recently launched social advertising platform that allows local businesses to respond to the "check-in" with marketing campaigns, is making its first acquisition today. The startup (formerly Buzzd) is acquiring Philo, a social TV check-in and advertising platform backed by North Bridge Venture Partners, DFJ Gotham, Eniac Ventures, and others. Exact terms of the deal were not disclosed but we are told the transaction is all stock. Similar to Miso and GetGlue, Philo operated a social check-in service for television shows. Using Philo, users could have a second screen experience with TV content by being able to see who else is watching show, access rewards for watching shows and checking in, and more.

Source: http://feedproxy.google.com/~r/techcrunch/social/~3/zL73WJSb0uI/

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