Quantcast Raises $27.5 Million Series C Round From Cisco And Prior Investors

Monday, January 4th, 2010

Robin Wauters currently works as a staff writer for TechCrunch and lead editor of Virtualization.com. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in Belgium, a tiny country in Europe. He can often be found working from his home or... → Learn More

Audience measurement company Quantcast has raised $27.5 million in a third round led by Cisco Systems and joined by Polaris Venture Partners. Other previous investors, namely The Founders Fund and Revolution Ventures also participated. The Series C round brings the total of capital injected into the analytics company to a healthy $53.2 million.

In the announcement, Quantcast says the extra funding will primarily be used to support the adoption of its recently launched Quantcast Media Program, which is essentially a marketplace where marketers and Web publishers can connect based on accurate and actionable data.

In the release, Quantcast claims its free audience measurement solutions are now being used for some 10 million websites, and that its products are used by such media companies as NBC Universal, Time Inc., Hulu.com, CBS Corporation, Fox News, ABC Inc. and Bloomberg.

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