Tuesday, June 22, 2010

Brand.net raises $14M in 3rd round

Brand.net Inc. said Tuesday it raised $14 million in a third round of funding. The San Mateo company said the funding round was led by Palo Alto-based Focus Ventures.
Also participating were InterWest Partners, which has an office in Menlo Park, and Norwest Venture Partners, which has an office in Palo Alto. "Online brand advertising is a multi-billion dollar opportunity, and Brand.net possesses a rare combination: a proven track record with the brand advertising community and technology that enables a scalable, profitable business,” said Kevin J. McQuillan, co-founder and general partner of Focus Ventures.
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