Photo ad network startup company Pixazza, known as the “AdSense for photos” has raised $12 million in Series B in a round led by Shasta Ventures. Pixazza raised $5.75 million in their Series A of funding. Another investor in Pixazza includes Google Ventures. Pixazza turns text on their pages into clickable ads — for example: if you like the boots in a photo, you will see an ad pop-up for it. Pixazza reaches about 25 million unique visitors per month or 8 billion image impressions per year across their ad network. [AllThingsD]
