Article: Adspace Networks Secures $20M Financing Round; Adds The Walnut Group As New Investor.

James M. Gould of The Walnut Group Joins Board of Directors

NEW YORK, August 1 /PRNewswire/ -- Adspace Networks, Inc., owner of the largest in-mall digital video advertising network in the country, has completed a $20 million series E financing round and added James M. Gould, managing general partner of The Walnut Group and a director of Build-a-Bear Workshop, to the board of directors.

The Walnut Group's co-investment partner is The Hauser, Davis & Tysoe Group (HDT). One of its principals, Ronald W. Tysoe, former vice chairman of Federated Department Stores, will serve as a board observer.

In addition to The Walnut Group, a private equity fund ...

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