Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
July 19, 2012 03:31 pm GMT

33Across Picks Up $13.1M To Grow Its Big Data Social Graph, No Facebook Strings Attached

33across logoSocial ad targeting company 33Across, which claims to operate the world's biggest social graph covering over 1.25 billion users globally, has raised another $13.1 million in a Series C round of financing to further expand its services in the wider web -- specifically advertising territory that Facebook has yet to tackle. The funding was led by new investorPelion Ventures, and with participation from Flybridge Capital, Greycroft Partners, First Round Capital, iNovia Capital, Panorama Capital, QED Investors, Metamorphic Ventures, and Great Oaks Ventures.The long list of VCs in this current round is because several of them are coming in from 33Across' acquisition of Tynt in January, explains CEO Eric Wheeler: they came on as shareholders in that sale. "They have now doubled down in a big way," he says. The company has now raised $26 million to date.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jzHindSDxAw/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch