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Sovrn Pulls In $36M Series C

BOULDER, CO, Sovrn today announced it raised $36 million in a new round of equity financing.
Sovrn, a publisher technology platform that empowers content creators to remain independent and thrive on the open web, today announced it raised $36 million in a new round of equity financing. The investment reflects Sovrn's consistent growth and profitability, including year-over-year revenue growth for the past seven consecutive quarters and 13 out of the last 14 quarters, and the value Sovrn has continued to deliver to customers across its multi-solution publisher platform.

Investors include Foundry, Archer Venture Capital, Lexington Partners, Progress Ventures and Structural Capital, among others.

Sovrn provides products and services to thousands of online publishers to help them understand, operate and grow their business. Sovrn is headquartered in Boulder, Colorado, with offices in New York, London, San Diego and Lugano, Italy. With thousands of customers deploying advertising, affiliate marketing, and data products across more than 60,000 websites, Sovrn reaches over 400 million daily active consumers generating 25 billion page views every day. Sovrn has been a leader in online publisher technology since its founding and has been recognized by IAB, JICWEBS, and TAG for its role in combating fraud and promoting pro-transparency initiatives. Sovrn is dedicated to helping creators do more of what they love, and less of what they don't.
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