Komli Media, an online advertising network, has raised $39 million (Rs 214 crore). The financing round was led by Norwest Venture Partners (NVP) and its existing investors including Nexus Venture Partners, Helion Venture Partners, Draper Fisher Jurvetson, and a new investor Western Technology Investment participated in the fund raising. Komli appears to have raised almost $67 million (including initial investment for Pubmatic, which it hived off), and has acquired 5 companies (see below). A story in the Economic Times, though, puts the fund raising at $62 million, and acquisitions at six. The funds will be used for, as Komli has said the last few times it has raised money, to invest in its technology platforms, and to expand its presence across the Asia Pacific (APAC) region. Prashant Mehta, Komli's CEO, says that they'll invest in "Real-Time Bidding (RTB), data, analytics, and retargeting solutions to improve ROI for advertisers and yield for publishers." Komli claims to be growing at 150% annually since 2009, but it doesn't give any specific revenue figures. We had reported earlier that, according to Komli Media’s filing with India’s Registrar of Companies, for the year ending March 31st 2010, the company earned an income of Rs. 8,61,90,217, and incurred a loss of Rs. 6,81,70,538 (approximately $1.5 million). We'll update with more recent figures. It should be noted that Komli has made several acquisitions in the APAC Market, and the Indian figures are probably not indicative of overall revenue. The complany claims to have over 5000 publishers including exclusive relationships with Facebook…
