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OpenCandy Bites into $3.5M

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. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.

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