AdMeld raises $8 Million for its Ad optimization platform | Startup Meme - Technology Startup and Latest Tech News

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Jun 24 2009

AdMeld raises $8 Million for its Ad optimization platform

Sardar Mohkim Khan 

Funding

AdMeld, the online advertising startup that has gained massive popularity has raised $8 Million. The round was led by Spark Capital and Foundry Group. The startup is lead by Michael Barrett, who was booted from Fox Interactive/MySpace. I bet the Barrett wont be cursing that anymore since AdMeld continues to gain larger shares in the ad market. Its platform helps optimize and manage multiple networks for numerous publishers and consumers, which include the names like Discovery, FOX News, to name a few. Apart from this reports state that AdMeld will also be opening its office and data center in London, UK.

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