isocket Nabs $8M From Foundry, Tim Draper & More To Bring Modern Tech, APIs To Premium Online AdvertisingOctober 31, 2012
isocket, a direct sales platform for premium online advertising, announced this morning that it has closed an $8 million Series A financing round, led by Foundry Group.
New investor (and newly-launched firm) Costanoa joined existing investors Joel Yarmon of Draper Fisher Jurvetson, Jeff Clavier of SoftTech VC, Accelerator Ventures, Quest Venture Partners, Blumberg Capital and a number of angel investors in contributing to the Series A raise. The round brings isocket’s total investment to $11 million.
As part of the round, Foundry Group Managing Director Seth Levine and former VP of Display Advertising at Yahoo James Beriker will be joining the startup’s board of directors. (Disclosure: TechCrunch uses isocket to power its direct advertising.)
RIp Empson, TechCrunch, October 31, 2012.