Sausalito, Calif. -- ImageSpan, the Sausalito-based developer of a licensing and royalty payment automation platform for media, announced on Wednesday that it has closed a new round of funding and appointed Kurt Garbe as its new CEO. The company did not disclose the amount of the round, which included investments from previous backers Bertelsmann Digital Media Investments and CityLight Capital. Garbe, previously the CEO of SolutionSet, succeeds ImageSpan founder Iain Scholnick, who will continue with the company as chief platform officer. ImageSpan's LicenseStream service lets owners of digital content license, transact and monitor their works.
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http://www.prnewswire.com/news-releases/imagespan-builds-on-momentum-with-new-ceo-appointment-and-growth-financing-92300824.html