PubMatic Closes Funding Round

Apr 20, 2010


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PubMatic, a company that provides online publishers with technology and services to increase advertising revenue, closed a Series C funding round worth $7.5 million. All told, PubMatic has raised $18 million in total. This round, led by previous investor Helion Venture Partners, included Draper Fisher Jurvetson and Nexus Venture Partners.

The new funding will be used to accelerate the adoption of PubMatic's new offerings, including a new ad auction and analytics capabilities.

(www.helionvc.com; www.pubmatic.com)