2011 is heating up in the tech funding arena, that is according to ClickZ. Total funding in 2011 has already reached $126.5 million. ClickZ also featured Turn as one of the companies starting off the new year with new funds.
According to ClickZ:
Turn's $20 million in funding was led by Greenspring Associates, with involvement from previous investors Norwest Venture Partners, Trident Capital, Shasta Ventures, and Focus Ventures. In a statement, CEO Bill Demas said the DSP has doubled revenues in the past year. He said the money will fuel Turn's scalability and international growth.