OpenCandy Bites into $3.5M

Wade Roush11/12/08

OpenCandy, a San Diego startup that inserts software advertisements into the series of screens consumers see when installing Windows software, said today that it has raised $3.5 million in Series A venture funding. Backers include Bessemer Venture Partners, O’Reilly AlphaTech Ventures, and angels Reid Hoffman of LinkedIn and Jordan Greenhall, co-founder and former CEO of DivX.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.