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Broadband

Innovid secures USD 9.5 mln in funding

Wednesday 31 August 2011 | 07:40 CET | News
Interactive video advertising services provider Innovid has secured USD 9.5 million in a series B round of funding led by Sequoia Capital, with participation from existing investors Genesis Partners and T-Venture (Deutsche Telecom). The new funds will be put towards a growth strategy centred on making the company's Interactive Video Ad Serving & Analytics offerings globally available. Gili Raanan of Sequoia Capital will assume a seat on Innovid's board of directors.

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Categories: Internet
Companies: Innovid
Countries: World
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