Rocket Fuel Raises $50 Million VC Round
Rocket Fuel has secured $50 million in new financing, the company said Thursday. The round led by Northgate Capital, Summit Partners, and Cross Creek Capital, joins existing investors Nokia Growth Capital, Mohr Davidow Ventures, and Comerica Bank. Funding now exceeds $76 million. The company said it would use the new capital to accelerate an aggressive growth strategy in new hires and international expansion.