JellyCloud calls down $6 million for online ads
Online ad network JellyCloud has called down part of its $11.5 million Series A1 round of funding. This presumably will be used to extend its ad operations.
The company has a patented technology to pull consumer data from a lot of sources across the web and create anonymous user profiles with help advertisers target an audience.
The Redwood City, CA-based JellyCloud’s call down is for $6 million. The $11.5 million round was participated in by U.S. Venture Partners, SoftBank, Sand Hill Capital and Cross Link Capital.
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About the Author, MG Siegler
MG Siegler writes about technology trends and new media for VentureBeat, with a focus on mobile topics, social elements and key news stories. Before that, MG wrote about technology on his blog, ParisLemon. Originally from Ohio, MG attended the University of Michigan where he studied film. He's previously lived in Los Angeles where he worked in Hollywood and in San Diego where he did web development. He now lives in San Francisco.