Monday, August 1, 2005

Adapt Technologies Raises $9.8M

Businessweek is reporting this week that Pasadena-based MarketFinder has raised $9.8M in venture funding. The funding came from Mohr Davidow Ventures, Emergence Capital Partners, and Concept2company. The firm develops software that automates the placement and management of keyword-based, CPC ads in the paid search space. The firm is headed by Alex Backer, a visiting scientist at the California Institute of Technology. More information »