AdSpace Networks said Thursday that it has raised a $14 million second round of funding, led by Doll Capital Management and the AIG Global Sports & Entertainment Fund. Other investors included Allen & Co., Amicus Capital, Angel Investors and Brainstorm Ventures. San Francisco-based AdSpace has raised a total of $15 million and received an increase in valuation with the latest round. The company develops software that enables retailers and commercial establishments to target advertising and promotions to a particular audience via high-speed electronic displays.
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