Thursday, November 11, 2010

Rhythm NewMedia Scores $10M

Mountain View-based Rhythm NewMedia, which operates a mobile advertising network, announced today that it has raised $10M in a Series C funding round. The round was led by QuestMark Partners, and also included prior investors Lightspeed Venture Partners, Morgenthaler Ventures, and Rembrandt Venture Partners. Rhythm NewMedia is headed by Ujjal Kohli, who also was previously a co-founder of Meru Networks. More information »