Nanigans Inks $3M Series A

8/9/11Follow @xconomy

[Corrected 8/10/11, 2:25 pm. See below.] Nanigans, a Boston-based provider of a real-time bidding advertising platform for Facebook, announced today that it has closed a $3 million Series A round, led by Avalon Ventures. Nanigans said that it will be adding Avalon’s Rich Levandov to the board as a result of the funding, which also came from several Boston-based angel investors. [An earlier version of this story stated, based on a Nanigans press release, that Playfish, the social games unit of Electronic Arts, had also selected Nanigans as its exclusive advertising partner for Facebook. Nanigans has since retracted that press release, as it does not have an exclusive relationship with EA or Playfish.] Nanigans raised about $600,000 in funding last year, which we caught in our under-the-radar deals roundup.

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