Deal Announcements

Rocket Fuel Takes Off With $10 Million

Thursday, September 23, 2010 5:56:00 AM PDT | VentureDeal Staff

Redwood City, California  --  Digital media company Rocket Fuel has secured $10 million in its second round of venture capital investment.

Rocket Fuel has built advertising distribution technology that attempts to select the best impressions for each advertisement.

Nokia led the investment round, which also included Northgate Capital, Mohr Davidow Ventures and Labrador Ventures. The company said it would use the financing proceeds to "rapidly expand its market presence."

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