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Tech

Today's Ad Network Funding Round: Turn Inc., $15 Million

Peter Kafka
Updated
2008-08-21T17:45:00Z
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cashfan.jpgDespite our protests, people continue to launch ad networks, and ad networks continue to round up funding. The latest entrant: Turn Inc. has announced a $15 million third round, with participation from Focus Ventures, Norwest, Trident Capital and Shasta Ventures. The company, which comScore says is the 16th largest ad network, has raised $37 million to date.

And as Adweek notes, Turn is one of many who've been able to extract big checks from investors: Other recent fundraisers include Lotame, Media6 Degrees and ContextWeb.

See Also: Enough Already: Please Stop Launching Ad Networks

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