PubMatic Pulls In $7.5M

Palo Alto-based PubMatic, a provider of ad management tools for online publishers, announced today that it has raised $7.5M in a Series C funding round. The round was led by Helion Venture Partners, an existing investor in the firm, and also included prior investors Draper Fisher Jurvetson and NExus VEnture Partners. Pubmatic said the funding brings the company's total raised to $18M. Pubmatic is headed by Rajeev Goel. More information »