Wednesday, June 9, 2010

Marketing startups Wordstream, AdReady gain new funding

http://www.btobonline.com/apps/pbcs.dll/article?AID=/20100511/FREE/100519981/1078/newsletter011

Search keyword optimization startup Wordstream has raised $6 million in a second round of funding, while another marketing startup, digital display advertising company AdReady, gained $5.3 million in its own second round.
Wordstream's subscription products help customers determine which keywords they should use for search campaigns. Its latest funding comes from new investor Egan-Managed Capital, as well as existing backer Sigma Partners, which provided the company with an initial $4 million in January 2009.
AdReady's platform provides display advertising management. Its new funding is supported by investors Madrona Venture Group, Bain Capital and Khosla Ventures, which together provided the Seattle-based company with $10 million in first-round funding in December 2007.