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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.
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