Solve Media has launched it advertiser product while raising $5m from a venture consortium.

US-based Solve Media has raised more than $5m from a venture consortium including internet group AOL’s corporate venturing division in one of its first public investments since its restructuring.

Solve has also released its Type-In product to allow advertisers to change the online authentication codeword to one of their catch phrases.

Its investors include AOL Ventures, run by Jon Brod and Mike Brown, venture capital firms First Round Capital and New Atlantic Ventures, and angels. Solve was founded by Ari…