Online Ad Technology Provider Adify Raises $19 Million

Authored by Mark Hefflinger on April 17, 2007 - 12:17pm.

San Bruno, Calif. - Adify, a provider of technology that powers online vertical advertising networks, announced on Tuesday that it has raised $19 million in its second round of venture capital financing, led by US Venture Partners.

Previous investor Venrock Associates, and new investors GE Media Communications and Entertainment, NBC Universal and Time Warner Investments also participated.

Founded in 2005, San Bruno, Calif.-based Adify provides technology that allows traditional media companies to build their own customized online ad networks.

Customers include Time Warner, Reed Business Information and The Washington Post Company -- which used Adify to power its Sponsored Blogroll program.

 

Related Links:
http://www.adify.com/press_release_041207.htm



Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Add image
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd><br><p> <b> <i> <img> <hr>
  • Images can be added to this post.
  • Web page addresses and e-mail addresses turn into links automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.