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AdBrite has raised $23 million from Sequoia Capital and Artis Management. Originally an ad network for mostly text-based advertising similar to Google AdSense, AdBrite has become a full-service network for third-party publishers, offering display advertising and recently introducing a product for monetizing Facebook applications, as well as a full page ad option.
The company is founded by Philip Kaplan, who previously created the popular FuckedCompany.com.
AdBrite has previously raised $12 million in two different rounds of financing.