Our comments and trackback policy You Link We Follow, You Comment We Promote

Seattle-based BlueKai raised $10.5 million in a Series B round of funding. The online intent data exchange company will use the financing to expand client support services as well as further develop new product functionalities for its branches: BlueKai Exchange and the BlueKai Registry.

The funding round was led by Battery Ventures and Redpoint Ventures joined in as return back. Satya Patel, hailing from Battery Ventures joins the BlueKai board of directors. BlueKai’s CEO Omar Tawakol had this to say:

Battery’s investment will help propel our business to respond to increasing demand for online data as budgets shift towards more efficient marketing tactics.

We are delighted to welcome Battery as our new investor and we look forward to leveraging their media expertise to strategically grow our business.