Santa Clara, Calif. – Online ad network Adconion Media Group
has raised $34 million in new financing from Silicon Valley Bank, PaidContent
reports.
Based in London and Santa Clara, Calif., Adconion will use the funds
for acquisitions, and to support general operations.
The company’s previous
acquisitions include streaming video service Joost, production studio KTV
Digital Media and direct marketer Frontline Direct.
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(PaidContent)
