Melton Investments

LucidMedia Raises $8.8 Million for Contextual Display Ads

Authored by Mark Hefflinger on December 4, 2008 - 8:48am.

Reston, Va. - LucidMedia, the developer of an online contextual display ad platform and network, said on Thursday that it has raised $8.8 million in its third round of funding, with a portion of the proceeds going toward the opening of a new sales office in New York City.