Friday, October 16, 2009

Ad.ly Gets $500K In Seed Funding

Los Angeles-based Ad.ly, which is developing an in-stream, advertising platform for Twitter, has raised $500,000 in a funding round. The round came from GRP Partners. GRP's Mark Suster sits on the firm's board. "Ad.ly has performed very well," Suster told socalTECH, saying that the round was a seed round. Suster said that the seed investment for Ad.ly comes as the firm begins talking to VC investors about Series A round. Ad.ly is lead by Sean Rad. More information »

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