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AdBrite Received $23 Million for their Online Advertising Marketplace
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AdBrite is an online advertising marketplace.
AdBrite brings publishers and advertisers together to sell and buy advertising, repectively. AdBrite sells on a CPM , CPC , and a flat rate price for advertisers.
For publishers they have many tools. There are ad zones to display the advertisement. The ad zones include text ads, banner ads, and a video player. If you upload your video into their player and place the player on your pages AdBrite will monetize it. They monetize video by dropping text ad links down into the video window and charging advertisers the cost per click.
Funding
Funding Total: $23,000,000
| Round | Date | Amount | Pre Amount | Post Amount |
|---|---|---|---|---|
| A | 12/2007 | $23,000,000 | – | – |
| Investors: Sequoia Capital, DAG Ventures, Milestone Venture Partners | ||||
Founders
- Posted in: Funding
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