Brand Networks Nabs $68 Million in First Funding Round

More dollars pouring into social ad software sector

Social media marketing services firm Brand Networks has received a whopping $68 million in funding from New York-based AEA Investors. To put that number into perspective, competitor—and much more well known—Vitrue garnered an initial funding round that equaled $3.8 million and followed it up with rounds of $10 million and $17 million before Oracle snatched it up for $300 million.