U.S.-based advertising technology company Beeswax.io Corp. has raised $15 million in a new funding round.

With the net proceeds, Beeswax.io will double its headcount in the U.S. and Europe as well as hiring its first employees in the Asia-Pacific region this year.

Led by venture capital firms RRE Ventures, Foundry Group and Amasia, the round was at a $77 million pre-money valuation.

In 2016, Beeswax closed $11 million in its seed round.