Marin Software, a startup that creates search engine management software for advertisers and agencies, has raised an additional $11.2 million in Series D financing. Marin’s venture capital investors include a href=”http://www.crunchbase.com/financial-organization/dag-ventures”>DAG Ventures, with Focus Ventures, Benchmark Capital, Amicus Capital and Triangle Peak Partners. This brings Marin’s total funding to $35 million.
Marin Software, which just raised $13 million last year, offers a browser application to help advertisers and agencies managing paid search advertising campaigns across Google, Yahoo, MSN and other search sites. Marin’s software is used by 180 companies including Razorfish, FreeCreditReport.com and other companies. Marin’s customers spend at least $100,000 per month on paid search campaigns across the major search engines.
In conjunction with the announcement, Marin released a few interesting stats about its business. Marin’s software automatically bids more than 350 million keywords each night, and generates more than 300,000 client reports each week. The company plans to use the new funding for further product development.