Thursday, August 9, 2007

Spot Runner Pulls In $32M

Los Angeles-based SpotRunner, which operates an online service that allows businesses to buy television advertising spots, has quietly raised another $32M in capital, according to numbers released by PricewaterhouseCoopers and the National Venture Capital Association. In the PwC/NVCA quarterly venture capital report, SpotRunner was reported to have raised $32M in capital during Q2 of 2007. The funding has not yet been announced by the company. The firm has previously raised funding from Battery Ventures and Index Ventures.

---