TechCrunch50 demopit company Image Space Media (formerly Picad Media) has raised $1 million in new funding according to an SEC filing. ISM's ad network, which recently launched an analytics offering and a self service tool, helps publishers monetize images on their websites with ad overlays. Its proprietary technology allows for audience targeting and matches ads to the most appropriate images available. 
Source: http://feedproxy.google.com/~r/Techcrunch/~3/B_170plcJlM/
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