iCrossing Raises $15 Million

iCrossing Inc., a Scottsdale, Ariz.-based digital marketing company, has raised $15 million in Series F funding, according to a regulatory filing. Most of the money is being used for working capital, although $1.4 million was for an acquisition. No details were disclosed, although iCrossing last month did buy German competitor 3GNet. No financial terms were disclosed for that deal.

 

iCrossing has raised over $155 million in total VC funding, from firms like Goldman Sachs, Oak Investment Partners, RRE Ventures, Generation Capital Partners and StarVest Partners. www.icrossing.com