New York - Clickable, an online advertising start-up, announced on Wednesday that it has closed a $14.5 million second round of financing, led by Founders Fund with participation from previous backers Union Square Ventures and FirstMark Capital.

New York-based Clickable, which has now raised a total of $22.5 million, offers online advertising services to small and midsize clients, helping manage placements across Google, Yahoo, Microsoft and other ad networks.

The company will use the funds to further accelerate growth of its service, which launched with limited availability in February.

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