ITV chairman leads $2m angel round in blur Group
M&S director also involved
Archie Norman, chairman of ITV, has contributed to a $2m round of angel funding for disruptive marketing procurement firm blur Group.
The round, one of the largest ever completed by angel investors in Europe, also featured significant contributions from M&S director Kevin Lomas and Tim Schoonmaker, formerly chairman of Odeon Cinemas Ltd. Founded in 2008, blur Group has already enlisted more than 14,000 media and design professionals to its Creative Services Exchange, which brings agencies and individuals together via a pioneering trading platform. Philip Letts, blur Group Founder and CEO, said: “In just the same way we have driven innovation in creative services, we wanted our fundraising to be the most ground-breaking model for a high-growth, networked business. “These angel investors have unquestioned levels of business expertise, leadership and success in building world beating operations. Their profile and the depth of their involvement confirm the very exciting proposition that is blur Group and its Exchange.”