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Ad platform Struq is negotiating an $8 million financing round says CEO

Mike Butcher

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Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... → Learn More

Monday, December 19th, 2011
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Struq, a retargeting ad platform is currently in negotiations to close an $8 million financing round, according to CEO Sam Barnett as quoted by the Financial Times over the weekend.

Competitors include Criteo, Teracent and Tumri have similar platforms, which ‘re-target’ ads based on a user’s behaviour online, but Struq has grown form a bootstrapped base so it looks like this will be a growth funding round rather than a Series A.

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