A $5m series B round of funding for online advertising sales company, iSocket, was led by Time Warner Investments. Others that took part included Condé Nast, R&R Venture Partners- a fund formed by former Time Warner Chief Executive Officer Dick Parsons and Ronald Lauder, and investor Vivi Nevo.
The investment will undoubtedly give the investors greater insight and access to online advertising sales tools and technology since the business works closely with publishers and advertisers. iSocket sees the investment as…