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Tremor Media Raises $11 Million in 2nd Round

Jan 14, 2008  •  Post A Comment

Online video ad network Tremor Media raised $11 million in a second round of funding, the company announced today.
Lead investors include Canaan Partners and Masthead Venture Partners. The pair also led Tremor’s first round of funding in 2006.
The new cash infusion will be used for strategic growth, new products and ad formats as well as technology advancements, the company said.
Tremor now has raised $19.4 million total in venture funding. Tremor Media reaches 92 million unique visitors each month via its online advertising network, which pairs advertisers with online publishers.

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