Business-Focused Ad Startup Bizo Reports $22M In Revenue For 2012

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http://techcrunch.com – Bizo, a startup that helps advertisers reach a business audience, says that it brought in $22 million in revenue in 2012, and that its annualized run rate at the end of the year was $30 million. The company spun off from ZoomInfo in 2009, and it has raised a total of $20 million from Bessemer Venture Partners, Venrock, Crosslink Capital, and others. The platform offers ad targeting and analytics, and it includes both display and direct-response advertising. In addition to sharing its revenue numbers, Bizo says it’s now working with more than 600 brands, including two-thirds of the top 50 (IT news)