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AdBrite Reels In $23 Million

NYT Dealbook |  December 3rd, 2007 | Email this
AdBrite, the advertising sales and services network founded by Phillip Kaplan, notorious bubble chronicler and founder of numerous popular personal Web sites, has landed $23 million in Series C funding. The deal, which brings AdBrite's total funding to $35 million, included new investors DAG Ventures and Japan's Mitsui Ventures, which [...]
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Online Advertising's AdBrite Raises $23M

alarm:clock |  December 1st, 2007 | Email this
AdBrite has raised $23M in third-round funding from return backers that include Sequoia Capital and hedge fund Artis Management, says PEWire. It had raised $4M in Series A in July 2004 and $8M in series B in February 2006. AdBrite's revenues are rumored to be around $40M this year. That's [...]
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Is AdBrite About to Lose One Third of Its Ads?

TechCrunch |  November 30th, 2007 | Email this
AdBrite might have just secured an additional $23 million in funding, but at midnight tonight its business prospects may look decidedly dimmer. Competing ad network Etology is cutting deals with some of AdBrite's biggest customers to take over their ads. A big chunk of the ads that AdBrite serves are [...]
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AdBrite, the San Francisco-based online ad ... [Adbrite]

Valleywag |  November 29th, 2007 | Email this
AdBrite, the San Francisco-based online ad network, raised $23 million as disclosed in a regulatory filing found by PE Hub. Sequoia Capital, previously a backer, continued to invest in this round, along Artis Capital Management, a hedge fund which is relatively cozy with the Sand Hill Road giant. [PE Hub][...]
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AdBrite CEO wants employees to work 10 hours a day [Silicon Valley Tool]

Valleywag |  November 2nd, 2007 | Email this
Philip Kaplan once ran the website InternalMemos.com, a compendium of leaked company missives. Now Valleywag has obtained one from AdBrite, the online-ad network Kaplan founded. AdBrite is now run by CEO Iggy Fanlo, who earns our Silicon Valley Tool award for railing at his employees about their work hours: "I [...]
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AVN, AdBrite part ways over porn [Feuds]

Valleywag |  November 2nd, 2007 | Email this
AVN, the porn-industry trade publisher, has at last split with longtime partner AdBrite, which ran an AVN-branded online ad network for adult websites. A new network, run solely by AVN, will launch on December 1. We first noticed the relationship was on the rocks when AVN yanked the AdBrite-run AVNads.com [...]
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AdBrite Now Offers Full Page Ads

Mashable |  October 15th, 2007 | Email this
AdBrite has added a "Full Page Ad" option for its online advertising platform. This has been offered as a way to entice larger brands to use AdBrite's distribution system, as it targets those advertisers that usually reserve ads for print publications and larger web portals like MySpace. So AdBrite is [...]
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