Venture investors may have turned their attention to earlier stage ad-tech companies at the right time now that big investments and strong IPOs could give their valuations a boost. On Monday morning, Turn announced an$80 million Series E round, which included investments by Fidelity Investments and BlackRock, in the latest sign that investors are returning to embrace the sector.
Two Takes
View TECHi Stance
Digital ad vompany raises another $80 million in funding
Forbes
View all Forbes Two Takes by TECHi
Read the original story
Published January 14, 2014
TECHi's Take
With millions flowing into ad tech, Turn Inc. has been a bit of an anomaly, not raising money for over three years and working to get cash-flow positive. But the company announced on Monday it has gotten in on the current funding frenzy, raising an $80 million Series E round led by “two of the world’s largest investing firms” that likely values the company at almost $700 million and keeps it on track to look at going public in about a year.
NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.
Balanced Perspective
TECHi weighs both sides before reaching a conclusion.
TECHi’s editorial take above outlines the reasoning that supports this position.
More Two Takes from Forbes
Google’s new Android update means your text messages on work phones are no longer private. The update lets employers access…
The Google Drive outage underscores the vulnerability of cloud-based productivity tools that millions of businesses and individuals rely on daily.…
Oracle’s current position in the market reflects both the strength of its strategic pivot to cloud computing and the risks…
Adobe’s current valuation reset presents a notable moment in the broader narrative of software pricing power. Despite the recent 38…