NetShelter Technology Media Raises $15M

Blog ad network NetShelter Technology Media raised $15 million in its latest funding round, and it earmarked the money for international expansion, paidContent reported.

CEO Peyman Nilforoush told paidContent the company’s revenue rose 75 percent last year on the back of adding sites to the network and boosting sales on existing sites. NetShelter sites totaled more than 133 million unique visitors in August, according to comScore.

Related Stories
Mediabistro Course

Online Marketing

Online MarketingStarting November 4, learn how to launch a successful digital marketing campaign for your brand! In this course, you'll learn how to create an online marketing strategy, identify the appropriate distribution platforms, and use the web to successfully deliver your brand's message. Register now!