Monday, June 22, 2009

Tumri Takes $15M

Mountain View-based Tumri, a developer of display advertising products, said Monday that it has raised over $15M in a new round of funding. The firm said the funding included $10M in equity, as well as $5M in debt. The equity portion came from Accel Partners, Shasta Vnetures, and Tenaya Capital; the debt was from Silicon Valley Bank. Tumri said the new funding will go towards expansion of its business. More information »