Adknowledge Raises over $200M in Debt and Equity Financing
Summary
Adknowledge, a Kansas City-based operator of an advertising marketplace, has raised over $200m in debt and equity financing., a Kansas City-based operator of an advertising marketplace, has raised over $200m in JMI Equity, while the debt financing was led by Bank of America.In conjunction with the investment, JMI Equity General Partner, Brad Woloson, has joined Adknowledge’s Board of Directors.Founded in 2004, Adknowledge has grown organically and through the acquisitions including Miva, Super Rewards and Hydra.Led by CEO Scott Lynn, the company currently employs over 330 employees and closed with $300m in revenue in 2010.
Funding
Amount
$200.0M
Total raised
Date
January 12, 2011
Announcement date
Investors
JMI Equity, Bank of America
Lead investors
Company
http://www.adknowledge.com
Funded company
Classifications
industries
No industries detected
applications
Sales and Marketing
AskAI Classifications
Labels
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