[May 16, 2012] CIT GAP Funds Invests in Lujure Media Inc. Tweet (Targeted News Service Via Acquire Media NewsEdge) HERNDON, Va., May 15 -- The Virginia Center for Innovative Technology issued the following news release: The Center for Innovative Technology (CIT) announced today an investment in Blacksburg, Va.-based Lujure Media Inc., a social media company that helps businesses create custom Facebook fan pages and timelines to engage customers. CIT President and CEO Pete Jobse said, "Running a successful business today requires a digital marketing strategy. Lujure Media offers entrepreneurs with limited resources a way to easily develop social media outreach as part of their overall marketing efforts." Lujure Media gives small and medium business owners, who may lack web development experience, the ability to create a professional Facebook fan page in less than five minutes. Users are able to manage fan pages and timelines using Lujure Media's convenient drag-and-drop capabilities. Lujure Media also enables independent consultants to create and update fan pages for multiple clients in one interface. E-commerce tools, Twitter and multimedia widgets are also available for businesses to interact with customers. Lujure Media also provides detailed social analytics for Facebook fan pages that illustrate measurement of social value. Lujure Media's CEO Nathan Latka said, "We have developed a proprietary drag-and-drop software platform that lets users quickly drop-in and resize application widgets onto Facebook pages and timelines. We plan to expand the custom Facebook experience to also host customer websites using the same platform; creating a one-stop product for Facebook, web and mobile." Tom Weithman, CIT Vice President and GAP Funds Managing Director, said, "Nathan Latka and the Lujure Media team are able to use their business and technical expertise to produce software that helps organizations connect to their customers in an interactive way. With our investment, Lujure Media will begin product development on a mobile page builder tool." Since its 2005 launch, CIT GAP Funds has placed over 60 investments across the Commonwealth, deploying $6 million of public funds and attracting almost $79 million in additional private investment, creating a robust public-private ecosystem for entrepreneurs. (For a list of portfolio companies, please visit the GAP Funds website.) To learn more about Lujure Media Inc., please visit their website (https://lujure.com/). tns gv51gv 120516-3877084 61GemaViana (c) 2012 Targeted News Service [ Back To TMCnet.com's Homepage ]