RadiumOne closes $21 million funding – for international expansion and acquisitions

RadiumOne, a digital ad network that leverages the social web has closed a $21 million Series B funding round led by Crosslink Capital. DFJ Esprit also participated in the round along with previous investors Adams Street Partners and Trinity Ventures, bringing total funding to $33.5 million. RadiumOne was founded by Gurbaksh Chahal in 2009.

The latest funding round will primarily be used for international expansion and acquisitions. RadiumOne recently opened its UK office, and in the coming months will be launching in continental Europe and Asia Pacific. The Company, which reached profitability in Q4, will use its existing and new capital for potential acquisitions designed to give the company additional resources and tools to effectively scale.

USA, San Francisco, CA

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