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Ad Network Komli Raises Funding From Draper Fisher Jurvetson, Helion Venture Partners

Draper Fisher Jurvetson and Helion Ventures have invested an undisclosed sum in online advertising network Komli. ContentSutra has confirmed the investment from Ravi Belani of Draper Fisher Jurvetson and Ashish Gupta of Helion Venture Partners.
But with Google such a dominant player, and there already other networks networks like Ozone Media and Tribal Fusion, is there a market for another advertising network? As per Amar Goel, Founder and CEO of Komli, around 40 percent of India’s online audience is outside the top 10 portals; Komli is competing for a share of distributed spends across various advertising networks. “The Indian online marketing space hasn’t evolved yet, but there is opportunity. Who’s doing affiliate marketing here? We don’t have as many advertisers as Google, but we’re a significant marketing partner for many,” he says.
As per Goel, some of the publishers in the Komli advertising network include Equitymaster, Yahoo, Lycos, Globe7, and, while they get advertising from TimesJobs, SimplyMarry, MakeMyTrip, Naukri and TribalDDB, among others.
Komli has an AdWords-like auction based networks, and has also announced the launch of a premium network. The company has offices in Mumbai, New York and Pune. The money will be used for recruiting, more office space and server infrastructure.
Goel had launched in 1995 as a Harvard University student. As per CNet, the company had “raised some $50 million in four rounds of financing, including $29 million in fourth-round funding in June. Among the company’s backers were Sequoia Capital and Oracle Venture Fund.” The company eventually filed for Chapter 11 bankruptcy in September 2000.
Draper Fisher Jurvetson and Helion Venture Partners have been previously involved with companies such as Skype, Overture, Hotmail, MakeMyTrip, Daksh, and Junglee.

5 Responses to “Ad Network Komli Raises Funding From Draper Fisher Jurvetson, Helion Venture Partners”

  1. its an effort to promote and counter.. very immature .. now its over 15 months down tell me whos better and there are more players in this space like network play and a couple of them lined up

  2. Tyroo user

    Sorry buddy,

    U seem to be the first one who has had a good experience with Tyroo. They suck big time and so has been the experience of all the other users I have had interaction with. Very shoddy.

  3. amitsempire

    Guess you a little wrong here, Google might be the market leader but others are catching up pretty fast. Testimonial is Tyroo Media. I have tried Tyroo on my works pretty well and the technology is pretty cool. Way to go Tyroo:)