Boosted has raised $60 million in Series B financing. Khosla Ventures and iNovia Capital co-led the round, with participation from Series A investors including Stanford-StartX Fund and Bay Meadows.

Patrick Pichette, former Google CFO and current partner at iNovia Capital, will move from his existing independent board position to a preferred board seat, the company said in a statement.

Boosted has raised roughly $70 million to date.

[Image courtesy: Boosted]