VoloMedia raises $3.5M for download advertising and metrics

Venture Beat — Tue, 18 Mar 2008 15:58:32 -0700

VoloMedia, a Menlo Park, Calif. advertising and measurement firm that was formerly known as Podbridge, has raises $3.5 million in a second round of financing.

Blended ads and analytics packages are more common in niche advertising markets like VoloMedia’s. The company puts ads into downloadable media like videos and podcasts (hence its previous name).

The $3.5 million financing was provided by Leader Ventures, which blends venture money with loans; none of the previous backers were included in the round. The company had previously taken $18.5 million in two financings from Sutter Hill Ventures, Mayfield and Worldview Technology Partners.