Beverly Hills, Calif. - BiggerBoat, an online ad network focused on entertainment-related websites, has raised around $2 million in new funding from Draper Associates' Tim Draper and other previous investors, socalTECH.com reported.

BiggerBoat was founded in 2003 originally as an entertainment search engine, the company now offers an online ad network that reaches over 15 million consumers, on sites operated by Clear Channel, Allmusic, Vibe and Billboard.

The company told socalTECH the funds will help the company focus on targeting Internet television as its looks toward raising a "sizable" second round of funding.

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http://www.biggerboat.com