$8.8M for BuzzLogic

7/27/10

San Francisco’s BuzzLogic, operator of an online ad network that targets display ads to relevant blogs, said today that it has closed an $8.8 million Series B venture financing round. The funds come from Adams Capital Management and Ackerley Partners, the same firms who supplied BuzzLogic’s $9.6 million Series A round. BuzzLogic also rolled out a new rich-media ad distribution unit called “BuzzRoll,” intended to entice blog readers to “interact with and share everything from company blog content and Twitter feeds, to video and Facebook applications,” according to a statement.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @

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