Digital Media VC


Poly Bona Raised $30 Million Second Round — Chinese movie distributor, is close to raising $30 million in second-round funding from return backers Sequoia Capital China and SIG Asia Investments. The company raised $5 million from Sequoia and SIG last year, and plans to eventually go public on the Nasdaq.

NetGraviton Inc. Raised $4 Million In Series A — Cambridge, Mass.-based provider of search engine marketing and optimization solutions, has raised $4 million in Series A funding led by Sigma Partners, according to a regulatory filing.

Lotame Raised $13 Million In Series B — New York-based online advertising platform focused on social media, has raised $13 million in Series B funding. Emergence Capital Partners led the round, and was joined by return backers Battery Ventures and Hillcrest Management.

Turn Inc. Raised $15 Million In Series C — San Mateo, Calif.-based online automatic-targeting advertising network, has raised $15 million in Series C funding. Focus Ventures was joined by return backers Norwest Venture Partners, Trident Capital and Shasta Ventures. The company had previously raised around $26 million.

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