The market has certainly seen a tremendous consolidation with ad serving companies of late with just over $10 billion and counting, so far. Today US-based Datran Media announced it has acquired Chintano. Adzilla based in Vancouver recently secured $10.25 Million in Series A Funding from Norwest Venture Partners and Alloy Ventures, both Silicon Valley based venture capital firms.
“Norwest Venture Partners is excited to be investing in Adzilla,” stated Sergio Monsalve of Norwest Venture Partners. “Adzilla has the potential to revolutionize the world of online advertising by establishing itself as the best platform for action-based behavioral targeting.”
Adzilla Inc. was founded in 2004 and has offices in Vancouver and San Francisco.
