paidContent - Online Map Advertising Network Lat49 Raises $1.3 Million

This story was written by Joseph Tartakoff.
Geo-contextual ad network Lat49 has raised about $1.3 million in a first round of funding led by PenderFund Capital Management. Existing investors, including Discovery Capital also participated. Lat49 lets advertisers target their ads on online maps that appear on more than 120 sites, including Topix.com, Trails.com, and SFGate.com. Release.


By Joseph Tartakoff