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BRIEF: Software maker DataXu raises $27M
Feb 07, 2013 (Boston Herald - McClatchy-Tribune Information Services via COMTEX) --
DataXu, a Boston-based provider of digital marketing software, said today it has secured $27 million in a round of funding that will go toward supporting ongoing global expansion and speed up additional investment in technology.
The funding round was led by Thomvest Ventures, a venture capital group headed by founder and managing director Peter Thomson, a director at Thomson Reuters. All three current major investors -- Atlas Venture, Flybridge Capital Partners and Menlo Ventures -- participated in the round.
Stefan Clulow, a managing director of Thomvest, joins DataXu's board of directors with this investment, officials said.
___ (c)2013 Boston Herald Visit the Boston Herald at www.bostonherald.com
Distributed by MCT Information Services
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