Advertising, Marketing & PR  May 15, 2019

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…

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Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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