IDG Ventures Invests in Indian Online Ad Network Ozone Media

Authored by Mark Hefflinger on July 7, 2008 - 7:18am.

Mumbai, India - Ozone Media, an online advertising network in India, announced that it has received an undisclosed sum of first round funding from IDG Ventures India.

Founded in 2006, Ozone Media claims to be India's leading Internet ad network, and counts some of the country's largest online publishers as partners.

"Ozone has acquired India's largest publisher base with a focus on premium inventory, which has allowed us to grow rapidly by attracting advertisers," said Ozone founder and CEO Kiran Gopinath.

"We plan to use the funding to reach out to a broader set of advertisers and expand our sales and technology teams."

 

Related Links:
http://www.indiaprwire.com/pressrelease/advertising/2008070210781.htm

http://www.ozonemedia.co.in

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