DataXu Raises $11 Million In Series B From Menlo, Atlas, and Flybridge

DataXu has raised $11 million in Series B funding.  Investors include Menlo Ventures, Atlas Venture, and Flybridge Capital Partners.  Atlas and Flybridge were involved in DataXu’s first round in April 2009.  The new round of funding will be used for product development, sales, marketing, and expansion.  DataXu has offices in Boston and N.Y.  DataXu is an online ad exchange service. [paidContent]

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