New York - AdMeld, a provider of online advertising optimization and integration services, announced on Monday that it has raised $7 million in first round funding from Spark Capital and the Foundry Group, and named Michael Barrett as its chief executive.

Barrett previously served as executive vice president and chief revenue officer at Fox Interactive Media.

New York-based AdMeld provides a platform meant to help publishers maximize revenue from digital ad networks and ad exchanges.

Related Links:
http://www.marketwire.com/press-release/Admeld-918541.html

http://www.admeld.com