Kansas City, Mo. – Online advertising network Adknowledge
has raised $45 million in new financing, TechCrunch reported, citing a
Investors reportedly included previous backers Technology
Crossover Ventures and JMI Equity.
Founded in 2004, Kansas City-based
Adknowledge is now taking in annual revenues of $300 million.
The company will
use the funds in part to repurchase securities from existing shareholders.