Brand.net Sold After Snagging $27M in Venture Capital

Brand.net, operator of an online advertising network for brand advertisers, has been bought by Valassis Communications (NYSE:VCI). Focus Ventures led Brand.net's final round—$14 million in Series C funding—and was joined by return backers Norwest Venture Partners and InterWest Partners. Brand.net raised a grand total of $27 million in financing before getting acquired.