1. Boulder web publishing company raises $18M

    Boulder web publishing company raises $18M

    Boulder web publishing company Sovrn Holdings said it's raised $18 million in a funding round. The funding was led by Foundry Group, and included participation from existing investors Oak Investment Partners, Archer Venture Acquisitions and John Battelle, Sovrn said. The money "will be used to accelerate both organic and inorganic growth opportunities," Sovrn said in a statement. "We see exciting areas for growth in the ad tech market and we wanted to buttress our already strong balance sheet…

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    1. We see exciting areas for growth in the ad tech market and we wanted to buttress our already strong balance sheet in order to quickly take advantage of opportunities.
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