Thursday, August 21, 2008

Turn Raises $15M

Redwood City-based Turn Inc., a provider of online advertising technology, said today that it has raised $15M in a Series C funding. Turn said that the round was led by Focus Ventures, and also included Norwest Venture Partners (NVP), Trident Capital, and Shasta Ventures. The new round of funding brings the firm's total raised to more than $37M. According to the firm, the new round will go towards creating new products and expanding its sales and client service teams. More information »