Tuesday, August 14, 2007

Kontera Lands $10.3M

San Francisco-based Kontera said Monday afternoon that it has secured $10.3M in a second round of funding, from Carmel Ventures, Sequoia Capital, and Lehman Brothers. Kontera, which provides an advertising service which uses keyword links in web pages, said that Rina Shainski of Carmel Ventures will be joining the firm's board as part of the funding. Kontera said the round of funding will be used to scale the firm's sales, marketing, and R&D operations. More information »