Washington - ARPU, the developer of a point-of-sale advertising network, has raised $8.7 million in its third round of funding, according to a filing with the Securities and Exchange Commission (SEC).

Grotech Capital Group led the round, which also included participation from previous investors Polaris Venture Partners and New Atlantic Ventures.

Washington-based ARPU works with suppliers to serve relevant online offers to customers purchasing products and services over the Internet.

The company also raised $5 million in July 2006.

Related Links:
http://www.arpuinc.com