Sovrn raises $25M to fuel acquisitions, growth
BOULDER — Sovrn Inc., a Boulder-based ad-tech company, has raised $25 million to acquire and build additional products for the publishing industry.
Sovrn works with more than 25,000 independent websites.
The Series E funding round was led by Boulder-based Foundry Group, along with existing investors Archer, Lexington and Oak.
After the funding round, discussions are taking place with a series of businesses that complement Sovrn’s existing platform and services, Sovrn said in a press release.
The investment is expected to accelerate the growth of Sovrn’s platform and…
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