Online Ad Marketplace TRAFFIQ Scores $10 Million
By Sumaira Bajwa • Aug 6th, 2009 • Category: Technology • No ResponsesOnline advertising marketplace TRAFFIQ today announced it has closed a $10 million Series B round of venture funding from Grotech Ventures, Greenhill SAVP and Court Square Ventures.
The New York-based company, which operates a management platform designed to connect buyers and sellers of online media, had previously raised $7 million from the latter investor and says the extra capital will be primarily used to enhance its TRAFFIQ platform and accelerate the company’s sales and marketing efforts.
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