Monday, April 21, 2014

AdRoll Gets $70M For Ad Retargeting

San Francisco-based AdRoll said today that it has raised $70M in a new, funding round for the company's advertising retargeting technology. The funding was led by Foundation Capital, and also included Institutional Venture Partners (IVP), Northgate Capital, Performance Equity, Glenmede, as well as Merus Capital, Accel Partners and Peter Thiel. The company said it now has an over $150M revenue run rate, and 15,000 customers. Eric Liaw of IVP joins the company's board with the funding. More information »