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Advertising - Wednesday, April 30, 2008

Israeli Stealth Mode Firm AdYouNet Raises $1M

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AdYouNet Technologies, which remains in stealth mode, has raised $1M from Xenia Venture Capital and NetService Ventures. It had raised $400K in 2007 from by International Venture Fund.

Details are sketchy but AdYouNet (formerly Webbi) promises to allow enterprises to target internet advertising campaigns just to their customers, as those customers browse anywhere on the web. They say it is developing a CRM advertising application that enables one-to-one identification of targeted users to deliver a tailored advertisement campaign.

AdYouNet is led by Sagee Schnaittacher who was CEO of Ventiv Media, a small Israel-based online ad representation firm.

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