Boston-based DataXu, provider of a real-time online ad bidding and optimization system, has secured $11 million in Series B funding to add to the $7.8 million in financing it raised in an earlier round (April 2009). The company, which was a finalist at last year's edition of the TechCrunch50 conference and startup launchpad, raised the additional capital from Menlo Ventures and prior investors Atlas Venture and Flybridge Capital Partners.
Comment on TC50 Finalist DataXu Scores $11 Million More For Online Ad Bidding Platform
Robin Wauters, TechCrunch
Mon, 03/08/2010 - 5:59am
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