Ad network Adify gets $19M to build out vertical ad network model
Adify, the Belmont, Calif. company offering an online advertising network product that charges a lower fee to publishers, said it has raised $19 million in a second round of financing today.
That’s a lot of cash, but is probably necessary to keep Adify in the running, now that the industry is filled with all sorts of competitors.
The round was led by US Venture Partners, and includes previous investor Venrock Associates, and a strategic financing from GE… Continue Reading