Lijit Closes $7.1M Series C Financing

Aug 12, 2008

Rewind six months.  Lijit just moved into its downtown Boulder offices.   It’s December 31st, 2007 and I was sitting at home in my subterranean office thinking, wow – how are we going to make our 2008 numbers… Hmmm.

Then, almost like magic, an incredible publisher signed up – that, at the time, was HUGE.  I remember thinking, what a blue bird.  But how are we going to make the February numbers!  Well, we did make the February numbers and every month between then and now.

As a result of our success we decided to pour more gasoline on the fire.  Now we have a genuine Burning Man going on here.

Thanks to Foundry Group, who led our investment round.  If you’re going to do something in the online publisher space, get these guys onboard.  Nuff said.  In fact, all our investors are amazingly supportive and at one time or another have been instrumental in building what we are doing.

Lookout, there is no stopping us now.

  • Congrats! I am excited for you guys.

  • Congratulations Todd. As someone endlessly going through fund raising, I envy you a great deal. Keep up the good work.

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