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Ad Network Tumri Secures $10 Million In Second Round Funding

Contextual advertising provider Tumri has closed a $10 million in second round funding led by Lehman Brothers Venture Partners. Previous investors, Shasta Ventures and Accel Partners, also participated in this round. The company plans to use the funding for sales, marketing and product development moves. Some of Tumri’s clients include Zappos, Macy’s, Wal-Mart and Sears. Mountain View, CA-based Tumri recently raised $6.5 million in its first round, Venturebeat reported last month. Release

Jun 4, 2007 10:11 AM ET

Posted In: Advertising

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