Thursday, October 21, 2010

Connexity, Headed by FastClick's Dave Gross, Gets Seed Funding

Camarillo-based Connexity, a new Internet advertising firm headed by former Fastclick CEO Dave Gross, said today that it has raised a seed funding round. Amount of the round was not announced. The funding round came from Persistence Partners, which is also headed by Gross. Connexity said that it is integrating social networking and recommendation engine technology into its advertising technology. The company said it is in the midst of selecting a headquarters locations in Ventura County and hiring. Gross started and headed up FastClick, taking it to an IPO in 2005, and eventually selling the firm to ValueClick. More information »

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