AdKeeper Inks $35M Series B

Online advertising start-up AdKeeper has raised $35 million in a second round of funding led by Oak Investment Partners. Existing shareholders including DCM, True Ventures, Spark Capital and First Round Capital also participated. Individual stakes were not disclosed, but the company said that DCM substantially increased its ownership in AdKeeper. Fred Harman, managing partner of Oak Investment Partners, will join AdKeeper's board. AdKeeper is based in New York. Oak Investment Partners has offices in Westport, Conn.; Minneapolis; and Palo Alto, Calif.

3 January 2011•3 mins read
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