Tuesday, April 26, 2005

DoubleClick deal reflects rebirth of online ad fervor

"Venture capitalists have long been the tough kids in the Internet advertising playground."

"Google, Shopping.com and NexTag are just a few examples of the castles they've built. These companies are generating boatloads of cash from advertising placed online."

"Lately, though, there's a new breed of investors that want to play: buyout firms."

"Earlier this month, San Bruno venture firm VantagePoint Ventures injected $60 million into Datran Media, a company that does everything from serve ads related to a Web site's content to direct e-mail marketing (read spam) and telemarketing."

"Datran's competitor, San Francisco's Adteractive, is reportedly about to raise a huge round of $100 million or more from investors led by General Atlantic Partners, with fundraising help from Perseus Group, a boutique San Francisco investment bank. General Atlantic and Perseus declined comment."

[SiliconValley.com / Matt Marshall]

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