Sovrn Holdings increases funding round to $27.5M

BOULDER — Sovrn Holdings Inc., a Boulder-based ad-tech company, has increased the size of a previously announced equity offering.

Sovrn filed an amended Form D with the U.S. Securities and Exchange Commission, May 6, announcing that it had raised $26.5 million out of $27.5 million. The date of first sale for the offering was Oct. 11, 2018.

Sovrn announced last October that it had raised $25 million to acquire and build products for the publishing industry. The Series E funding round was led by Boulder-based Foundry Group, along with existing investors Archer, Lexington and Oak.

The amended Form D was filed by Sovrn CEO Walter Knapp.

BOULDER — Sovrn Holdings Inc., a Boulder-based ad-tech company, has increased the size of a previously announced equity offering.

Sovrn filed an amended Form D with the U.S. Securities and Exchange Commission, May 6, announcing that it had raised $26.5 million out of $27.5 million. The date of first sale for the offering was Oct. 11, 2018.

Sovrn announced last October that it had raised $25 million to acquire and build products for the publishing industry. The Series E funding round was led by Boulder-based Foundry Group, along with existing investors Archer, Lexington and Oak.

The amended Form D was filed by Sovrn CEO Walter Knapp.