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Affiliation Networks, which publishes sites aimed at 12-to-29 year olds, has locked in $25 million in funding. Affiliation plans to use the money to market and expand its sites, which include ChickClick, game site, Power Students and the Daily Entertainment Network. Affiliation Networks is preparing for an initial public offering of stock.

LinkExchange adds auction services

MSN LinkExchange is teaming with to add auction services for small and midsize business sites. will create an automated service to sell ad inventory.

In other news

Kathleen Greenler, former marketing director at AltaVista, today begins as VP-marketing at, Burlington, Mass. . . . OnHealth Network Co., Seattle, named Jon L. Fisse its first chief operating officer. Mr. Fisse was formerly managing member of financial services company FusionEnterprises Management, New York. . . . Ad network WinStar Interactive added three new

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