Ad network Ecast raises funds to the tune of $17M

Ecast Network, a San Francisco-based company that disseminates advertising through digital juke boxes, has brought in $17 million in a round of equity, according to a filing with the SEC. It is backed by Crosslink Capital, DCM, El Dorado Ventures, LG Electronics, Foundry Group, Focus Ventures and Mobius Venture Capital. It raised $12.3 million last May, and $20 million in 2006.

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Camille was the lead writer for GreenBeat until August 2010. To reach VentureBeat's current writers, email tips@venturebeat.com.

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