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Turn Clears $7 Million New Venture Capital Round

Tuesday, March 04, 2008 5:58:00 AM PDT | VentureDeal Staff

SAN MATEO, CA -- Software company Turn, Inc. has received another $7 million to round out of its $15 million venture capital funding, according to a report in VentureWire.

Turn is developing an advertising network that allows advertisers to choose the form of advertising they wish:  Cost-per-click (CPC), Cost per thousand (CPM), or Cost-per-action (CPA).

Investors in the round included Norwest Venture Partners, Trident Capital and Shasta Ventures.  Funding proceeds purposes were not disclosed.

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