AdMeld Lands $8 Million for Online Ad Optimization

Authored by Mark Hefflinger on June 24, 2009 - 9:21am.
New York - AdMeld, a provider of online ad optimization services, announced on Wednesday that it has raised $8 million in second round funding, led by Spark Capital and Foundry Group.

New York-based AdMeld says its technology helps more than 65 online publishers, including IAC, Thomson Reuters and Huffington Post, increase ad revenues and reduce operating costs.

The company will use the funds to accelerate sales and product development efforts.

 

Related Links:
http://www.admeld.com/admeld_raises_series_b_funding.html

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