Hanger Network In-Home Media provides leading national & regional marketers with advertising, promotion & sampling programs delivered directly into the home through its proprietary network of clothes hanger
 35,000 dry cleaners. Replacing billions of wire and plastic hangers, its patented EcoHangers have established an efficient and effective national marketing platform that's great for business and great for the environment clothes hanger
. EcoHangers are 100% recycled and recyclable, manufactured in EPA-regulated factories in the U.S., and have proven to be stronger than wire hangers in laboratory strength tests clothes hanger
.

About ABS Ventures

Since 1982, ABS Ventures has helped exceptional management teams build industry leading companies through its contribution of strategic, technical and operational resources. Based in Boston, the firm clothes hanger
 invests in rapidly-growing companies with innovative, market leading products or services. A sampling of ABS-backed companies include: Cascade Communications, Synchronoss, Workbrain, Telogy Networks, Trema and PowerDsine.

About Kodiak Venture Partners

Kodiak Venture Partners is a seed and early-stage Venture Capital firm focused on building high-growth, industry leading technology clothes hanger companies. The Kodiak's partners have deep operating and investing experience in their target markets and apply that expertise to help entrepreneurs build true market leaders. Founded in 1999, Kodiak manages three funds totaling $676M and targets companies based in eastern North America focusing on clothes hanger
 communications/wireless, semiconductor/equipment clothes hanger
, software/services, internet/new media, and life technology.

“Today’s advertisers face a tremendous challenge to maximize their media and marketing investments,” said Yaphe clothes hanger .
“Amidst a sea of advertising, they need their message to be seen by their target audience, resonate with potential consumers and distinguish their brand. With EcoHangers and a proprietary dry cleaning channel of 35,000 locations clothes hanger
, Hanger Network provides a unique vehicle for marketers to achieve these goals.”

“ABS, Sigma Partners and Kodiak Venture Partners recognize the power and efficiency of our business model,” said Bob Kantor, CEO of Hanger Network clothes hanger
. “Advertisers get a unique delivery platform that drives powerful results. Consumers get a better, environmentally  clothes hanger
 friendly product. And dry cleaners save money on hangers.”

This second round of funding, Kantor said, “allows us to further clothes hanger
 expand our reach into the 35,000-plus dry cleaners across the country clothes hanger
, and into exciting news arenas, such as retail and hospitality. With the exception of the U.S. Mail, we have arguably the largest household reach clothes hanger
 and frequency of any ad distribution network in the country.”

Commitments From clothes hanger  ABS Ventures, Sigma Partners, Kodiak Venture Partners

NEW YORK--(BUSINESS WIRE)--Capitalizing on strong market traction with advertisers and strategic partners, Hanger Network (hangernetwork.com) announced today a $10 million Series B Financing round, led by ABS Ventures clothes hanger  with participation from existing investors Sigma Partners and Kodiak Venture Partners. Scott Yaphe of ABS Ventures will join Bob Davoli and  clothes hanger  Chip Meakem, Series A lead investors for Sigma and Kodiak, respectively, as members of the Hanger Network’s Board of Directors.

Hanger Network In-Home Media provides national and regional marketers with advertising, promotion, and sampling programs delivered directly into the home via its patented EcoHangers and through its proprietary network clothes hanger  of 35,000 dry cleaners. The result is a highly targeted and efficient in-home marketing platform that is invited into the home, viewed in an uncluttered environment, and good for business and for the environment.

EcoHangers provide a focused and customized reach, with several delivery program matched to the strategic needs of today’s marketers. These include national, regional, demographic, and retail/shopper Distribution Programs  clothes hanger  designed to deliver advertising around today’s most important retail outlets. Major brands creating exciting advertising with Hanger Network include such blue-chip names as Revlon, Van Heusen, Joseph Abboud, Staples, Hershey’s, and PSE&G clothes hanger .