PubMatic raises $45m in mezzanine financing from VC players
India-based GPs Helion Ventures and Nexus Venture Partners have participated in a $45 million round of mezzanine financing for their portfolio company PubMatic. The round was led by US-based August Capital, with Draper Fisher Jurvetson and Silicon Valley Bank - both existing investors - also taking part.
PubMatic raised a $7 million through a Series A round in January 2008 from Nexus, Helion and Draper. The same investors committed another $3.5 million in March 2009 and $7.5 million in April 2010. Following...
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