Monetization Platform Aria Systems Raises $18 Million in New Capital
Company will use new funding to grow platform.
Cloud-based monetization platform Aria Systems announced last week that it raised $18 million in new capital in a funding round led by Madison Bay Capital along with Hummer Winblad Venture Partners, InterWest Partners and Venrock. The new funding, which will help fuel additional growth at Aria Systems, brings the total raised to date to $150 million. In addition, the company announced that Steve Reale, managing partner of Madison Bay Capital Partners, and Drew Harman, Director of InterWest Partners, will join Aria’s board of directors.
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