Mountain View, Calif. - VoloMedia, a developer of advertising, metrics and reporting tools for downloadable media, said on Tuesday that it has raised $3.5 million in venture capital from Leader Ventures.

"This additional funding will enable us to accelerate our growth and take advantage of the wide array of opportunities before us," said Brian Steel, the CEO of VoloMedia.

The three-year-old company's online portal allows publishers to instantly manage their media and advertising campaigns, and receive updated reports.

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http://www.volomedia.com