Adconion Raises $34 Million In Funding

Posted May 12, 2011

Adconion is an Internet advertising network that has raised $34 million in funding from Silicon Valley Bank’s London office. Adconion’s major operations are based in Los Angeles, California and they said that the funding will go towards acquisitions and working capital requirements. Adconion is also known for acquiring Joost. [SoCalTech]