March 12th, 2008
ClickForensics Raises $10M Series B
ClickForensics, an Austin-based company that creates software to help people battle click fraud, today announced that they have raised a $10M Series B investment round. The lead investor was Sierra Ventures. Austin Ventures and Shasta Ventures re-upped in this round too. They announced Click Forensics for Publishers back in December after raising $5M in early 2007. The problem with click fraud is a tricky one to address, but the company publishes a Click Fraud Index to measure and report on it.
Filed under: Funding
[...] Austin-based company which creates software to help people battle click fraud which recently raised $10m from Sierra Ventures, Austin Ventures and Shasta Ventures, has announced that Paul Pellman has been named to the position of CEO. In his new role, Pellman [...]