"Stealth" Advertising Startup AK Networks Raises $8 Million

Alexia Tsotsis

Alexia Tsotsis is the co-editor of TechCrunch. She attended the University of Southern California in Los Angeles, CA, majoring in Writing and Art, and moved to New York City shortly after graduation to work in the media industry. After four years of living in New York and attending courses at New York University, she returned to Los Angeles in... → Learn More

Wednesday, September 15th, 2010

We’ve learned that super stealth advertising related startup AK Networks has closed an $8 million round of Series A funding. A SEC Form D filing reveals that the round was co-lead by True Ventures’ Jon Callaghan and DCM’s Dixon Doll and that the company, founded in March, is based out of New York (with the distinction of a Park Avenue address, even). About.com founder Scott Kurnit, listed on the filing as executive and director, is CEO.

We’ve confirmed that the plethora of other investors in this round included Spark Capital, betaworks, First Round Capital, the New York Times, Lerrer Ventures, David Cowan, Stan Shuman, and Kurnit himself. The New York Times investment is particularly notable as Kurnit’s previous venture, About.com comprises a large proportion of its online revenues.

Oh and guess what? They’re hiring!

Thanks: FormDs

Update: The company is called AdKeeper, and it is essentially a way for people to bookmark banner ads.


Company: AdKeeper
Website: adkeeper.com
Launch Date: 2010
Funding: $43M

AdKeeper gives users a new way to control their online experience. A KeepButton on online advertisements allows users to continue doing what they’re doing and simply save ads for later. Users then interact with their “kept ads” whenever they like, as it will be sent to their email inbox for use later, at their convenience. AdKeeper is “on my time” advertising that creates a unique channel for ongoing engagement between advertisers and consumers. AdKeeper is a product of Keep Holdings. Keep Holdings...

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