Criteo Raises $7M From Bessemer Venture Partners

Criteo, a Palo Alto, Calif.-based provider of a solution which enables its e-commerce customers to re-engage with visitors to their site via personalized display ads across the Internet, raised $7m in Series C round of funding. 
The investment was led by from Bessemer Venture Partners (BVP).  
This round, which has brought the total funding the company has raised to date to to $24m, comes after the relocation of Criteo’s corporate headquarters from Paris, France to Palo Alto, Calif., in response to rapid growth and strong demand for its innovative retargeting solution.

The new capital eill enable the company to continue its U.S. expansion effort, which include the build out of new data centers across the country, as well as additional infrastructure, talent and R&D investments to optimize its service for customers worldwide.
In conjunction with the financing, Byron Deeter, partner at Bessemer, joins Criteo’s board of directors.
FinSMEs
06/05/2010

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  • Criteo added the following seasoned members to its board of advisors:
    – Jeff Epstein, former CFO of Oracle and current board member at Priceline.com, – Eric Hippeau, current partner at Lerer Ventures and former CEO of The Huffington Post and Yahoo! board member, and
    – Dan Rosensweig, former Yahoo! COO and current CEO of Chegg.com.

    FinSMEs

    01/12/2011

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