PayPerPost Sponsored Blogging Marketplace Secures $7 Million Series B

Jun 15, 2007


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PayPerPost, a marketplace for advertisers to reach bloggers and other consumer content creators, has announced it has completed a $7 million second round investment led by Draper Fisher Jurvetson, an investor in the company’s Series A. The financing brings the total amount of capital raised by PayPerPost to over $10 million, giving the company considerable resources for further development. Additional participants in the round include insiders Inflexion Partners and Village Ventures as well as new investor DFJ Gotham. With this investment, DFJ managing director Josh Stein also joins PayPerPost’s board of directors.

(www.payperpost.com; www.dfj.com; www.inflexionvc.com; www.villageventures.com; www.dfjgotham.com