Innovid Obtains $4,100,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d8fe119f-7290-4136-a872-efeb6714eeb2&Preview=1
Date
9/24/2010
Company Name
Innovid
Mailing Address
520 Broadway St., 10th Floor New York, NY 10012
Company Description
Our focus is creating a video ad experience that integrates well with the content, both contextually and visually.
Website
http://www.innovid.com
Transaction Type
Venture Equity
Transaction Amount
$4,100,000
Transaction Round
Undisclosed
Proceeds Purposes
The funding and partnership with Deutsche Telekom will help the startup hire additional staff and expand to mobile, connected-tv and European markets.
M&A Terms
Venture Investor
Genesis Partners
Venture Investor
T-Venture Funds