Optimization startup attracts funding

04/14/2009 | VentureBeat

The Rubicon Project, an ad optimization startup that links ad networks to placements on publisher Web sites, has brought in another $5 million in venture capital from current investors Clearstone Venture Partners, Mayfield Fund and IDG Ventures Asia, and $8 million in venture debt from Silicon Valley Bank. Sales jumped 150% for the startup in the first quarter compared with the fourth quarter of last year, according to the Rubicon Project, which did not release actual revenue figures.

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