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ContextWeb Picks Up $26M

Written on
July 21st 2008
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by Kathleen  |
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expensivebling.jpgADOTAS – Advertising targeting firm ContextWeb has raised $26 million of a planned $30 fourth round. Investors include Investor Growth Capital, Draper Fisher Jurvetson, DFJ Gotham Ventures and Updata Ventures.

ContextWeb was founded in 2000 and has raised more than $53 million so far. It launched the ADSDAQ in 2005. The cash infusion will reportedly be used to hire new staffers and expand the ADSDAQ.



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