The Deal
Saturday, November 21, 
7:14 pm

Foundry Group leads Lijit's Series C

  Share     E-Mail    Discussion    Print Story
Published August 12, 2008 at 12:14 PM


lijit.jpgBlog and social networking search engine developer Lijit Networks Inc. Tuesday said it has raised a $7.1 million third round led by the Foundry Group. Returning investors Boulder Ventures and High Country Venture's Colorado Fund I also participated.

The round follows a $3.3 million Series B in June last year and a $900,000 first round. The two-year-old company, originally known as Outfoxed, offers a browser widget that enables users to search a particular blogger's Web site, bookmarks, blogroll and related media. Lijit said it plans to launch an ad network in addition to its search tool. - Olaf de Senerpont Domis


See Aug. 12 press release on funding from Lijit
See Aug. 12 post on funding from the Lijit blog

For more, see VentureBeat

Continue reading below

Also on Dealscape



Tags



Post a comment




The Deal Pipeline

Deal Video


Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.

More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Managing your shareholder base

By Bradford P. Weirick and Joelle Khoury, Gibson Dunn

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

By Derek Watson, KPMG

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

By Robert Teitelman

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



©Copyright 2008, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.