Lijit Secures Over $900,000 in Funding; Partners With FeedBurner

Jan 30, 2007


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Lijit Networks, Inc. has secured over $900,000 in funding from an investment syndicate including Colorado Fund I, managed by High Country Venture; Brad Feld, managing director of Foundry Group; Seth Goldstein, co-founder of AttentionTrust.org, Majestic Research and ROOT Markets; and Paul Berberian, former CEO of Raindance Communications. The syndicate is rounded out by investments from Lijit's management team and other Colorado- and nationally-based angel investors.

 

Lijit has also announced a partnership with FeedBurner, a provider of online media distribution and audience engagement services, to provide search services for FeedBurner's collection of publisher-organized networks.

(www.lijit.com; www.feedburner.com)