Redwood City, Calif. – Turn, a provider of targeted
advertising services, announced on Wednesday that it has raised $20 million in
a fourth round of financing, led by Greenspring Associates.
Previous backers
Norwest Venture Partners, Trident Capital, Shasta Ventures and Focus Ventures
also participated.
Redwood City, Calif.-based Turn said it will use the funds for
product development, to build technology infrastructure, and expand
internationally.
The company has now raised a total of $57 million.
Related Links:
http://www.turn.com/?p=5440
