Blog Advertising Company Lijit Raises $10 Million

Lijit Networks is an ad company that power third party advertising services for publishers and offers a complementary search tool widget. The company has recently raised $10 million in funding.

This funding round is taking place less than one year after they raised $6 million in a fourth round of funding. Since launching in 2006, Lijit raised $27 million in total funding. This round was invested by Highway 12 Ventures, Foundry Group, Boulder Ventures, and High Country Ventures.

Lijit’s ad service platform has grown 74% since Q4. They have 17,000 websites in their network that have a combined 1.5 billion pageviews per month with around 106 million unique visitors per month.

Disclosure: Lijit is an provider for Pulse2.com.

[paidContent]

Related posts:

1. Lijit Brings In $7.1 Million Series C
2. Video Advertising Company, Adap.tv Raises $13 Million Series B
3. Social Targeting Advertising Company Media6Degrees Raises $17 Million
4. Web Advertising Company CampusLIVE Raises $3.1 Million
5. Social Game Advertising Company NeoEdge Raises $3 Million