Santa Clara, California based online advertising network GoInternetMedia, has raised $10 million in the first round of funding. The round was led by Kennet Partners. According to the president of GoInternetMedia, Al Abhari:
We are confident that the alliance with Kennet and new infusion of capital will fuel the continued growth of our organization. It will allow us the opportunity to take a leading position within the Post-Secondary Education interactive marketing and Cost Per Action (CPA) affiliate marketing industries.
Here is the press release.
