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Article: Peer39 Raises $10.5 Million in Series C Financing.
- Article from:
- Business Wire
- Article date:
- June 2, 2009
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Funding to fuel market leadership and semantic technology innovation
NEW YORK -- Peer39 (www.Peer39.com), the leading online semantic advertising company, today announced that it has closed a $10.5 million round in Series C funding. Evergreen Venture Partners led the round, joining existing investors including Canaan Partners, Dawntreader Ventures, Silicon Valley Bank, and JP Morgan, bringing the total financing raised by the company to over $22 million to date.
Peer39 will use the funding to accelerate business development and sales, as well as further development of its semantic advertising technology platform, which enables publishers to increase ...