Lijit Networks, one of our portfolio companies, just announced today that it closed a $7.1 million financing led by Foundry Group. This financing gives Lijit the financial resources to focus its efforts on rapidly growing its already sizeable base of publisher users, launching its search-powered ad network, and further expanding Lijit’s cool people-oriented search solutions. We’ve blogged previously about Lijit and the role it plays in what we call our implicit web theme. Foundry Group...

Continue reading Lijit Completes Series C Financing