AudioAudit kicks off with $15 million

Dawn Kawamoto Former Staff writer, CNET News

Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.

Dawn Kawamoto

March 21, 2003 1:21 p.m. PT

AudioAudit announced Wednesday that it raised a $15 million first round of funding. Investors include General Catalyst Partners, Polaris Venture Partners and Ridgewood Capital. Paramus, N.J.-based AudioAudit develops software to offer verification services to the advertising, broadcast and cable industries. The technology verifies a scheduled advertisement has been broadcast to the right market on time.