Criteo Nabs Nearly $40 Million Funding Round

Retargeting firm downplays acquisition or IPO talk

Display retargeting company Criteo has been profitable since 2009, but that hasn’t kept it from raising extra cash on the side. In its latest round announced Tuesday, the New York firm raked in 30 million euros ($38.9 million) led by SoftBank Capital, which boasts an investment portfolio that includes The Huffington Post, Zynga and Gilt Groupe.