Adknowledge Raises $200 Million In Debt and Equity Financing

Posted Jan 13, 2011

Adknowledge is an advertising network that has raised $200 million in debt and equity financing. Adknowledge is planning to acquire other ad companies with the additional cash. Adknowledge acquired eight companies so far in the last 3 years. JMI Equity led the equity investment and Bank of America handled the debt financing. Adknowledge made $300 million in revenues in 2010. The company is now focusing on placing ads in social networks, casual gaming, e-mail, mobile devices, and on “domain inventory.”