Home Investment $26 Million for ContextWeb in Latest Round of Financing

$26 Million for ContextWeb in Latest Round of Financing

SHARE:

ContextWebContextWeb, makers of the contextual online ad exchange, ADSDAQ, announced today a Series D round of financing.

Their fourth round was led by an investment from Investor Growth Capital and additional funding came from all current investors: DFJ (Draper, Fisher and Jurvetson), DFJ Gotham Ventures, Updata Partners, DFJ New England, plus Gold Hill Capital.

With acquisitions of Right Media by Yahoo!, DoubleClick by Google and AdECN by Microsoft the burgeoning ad exchange space continues to attract buckets of money for those with their toes in the exchange waters.

Considering that exchanges are only in the early stages of popularity among direct response and brand advertisers, many are betting a pretty penny that the next home run will be hit by traders of advertising on an online exchange – and the exchange’s investors.

Huge successes such as Google’s AdWords/AdSense in recent years beg the question for the saavy venture capitalist: why not throw a few million at exchanges?

Must Read

Puzzle pieces connected together. Two puzzle pieces with cables coming together on yellow background. Problem solving concept, business solutions and ideas. Vector illustration.

The Boring Infrastructure That Could Make Agentic AI Happen For Ad Tech

AI agents are moving fast, but MadConnect says ad tech’s slow, messy plumbing still needs an overhaul before agentic marketing can really work.

Understanding MCP, The ‘Universal Adapter’ For AI In Advertising

Your TL;DR on MCP, the open standard that lets AI models connect to tools, remember context and run workflows across platforms.

YouTube Americas Leader Tara Walpert Levy Says Measurement Proves Creators Do TV Ads Best

“We are focused on being where the world watches video,” said Tara Walpert Levy, YouTube’s VP, Americas at the Convergent TV conference in NYC on Thursday. “And to us that now is TV.”

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

Paramount Skydance Is Trying To Buy WBD. Now What?

Late last week, Netflix walked away from plans to acquire Warner Bros., clearing the way for Paramount Skydance to scoop up the whole company with its hostile takeover bid.

Sallie Has An Ad Business And Meta Is Declining Credit Cards

Sallie, the major issuer of US education loans, is getting into the retail media network business.

Meta Has A New Way To Measure Social Engagement (Because Clicks Don’t Cut It)

Meta will now measure social interactions like likes, shares and comments under a new “engage-through attribution” category, replacing click-through as the default.