Wednesday, July 8, 2009

ZADSPACE Gains More Funding

El Segundo-based ZADSPACE, a stealth mode firm developing advertising related products or technology, has raised an additional $500,000 in funding, according to a regulatory filing from the firm, bringing its total fundraising to $1.91M. Details on the funding have not been released by the firm. According to the filing, Frank Foster of Draper Fisher Jurvetson has joined the board, which also included direct marketing advertising's Lester Wunderman, as well as Rick Smith of Crosscut Ventures. DFJ Frontier, Crosscut Ventures and Gideon Hixon Fund are all prior investors in ZADSPACE. More information »

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