AdRise Receives $2,000,000 New Financing

  • Feed Type
  • Date
    10/17/2012
  • Company Name
    AdRise
  • Mailing Address
    1 Market St Steuart Tower San Francisco, CA 94105
  • Company Description
    adRise develops for free branded apps for all of the major Connected TV platforms and generates revenue from advertising and subscription revenue. We support Connected TV platforms such as Samsung, Roku, Western Digital, Xbox, PS3, Google and Yahoo TV, iPad, and Android tablets. Our ad SDKs power the ad delivery, targeting and realtime analytics and are the standard that most of the advertising world uses to deliver interactive brand advertising to Connected TVs.
  • Website
    http://www.adrise.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    AdRise is based in San Francisco and currently has about a dozen employees, but will be using the capital to ramp up personnel while going after the growing streaming video market.
  • M&A Terms
  • Venture Investor
    Foundation Capital
  • Venture Investor
    Undisclosed