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ContextWeb Picks Up $26M

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Jul 21, 2008 

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Kathleen  |

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ContextWeb Picks Up $26M

ADOTAS – 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.

Tags: ADSDAQ, behavioral-targeting, ContextWeb, finance, internet-advertising-funding, internet-advertising-news and venture-capital

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