Crisp Media, a US-based advertising service, has raised $6m from a consortium including existing investor Intel Capital, the corporate venturing unit of US-listed semiconductor company Intel.
Alongside Intel Capital in the round was venture capital firm Meritage Funds and Singapore state-backed fund EDB Investments (EDBI).
This will be used for the portfolio company’s Crisp Engage self-service advertising management and to set up an office in Singapore to cover Asia.
The round brings Crisp’s total investment to $17m after it raised $5m in 2008 from Meritage and Intel, according to news providers.