Singapore Backs ScanScout in $8.5M B Round

ScanScout, a Boston-based provider of in-stream online video ads, said it has completed its $8.5 million Series B round of venture capital with an investment from EDB Investments, a firm that invests on behalf of the government of Singapore. ScanScout is also establishing an office in Singapore as part its expansion into the Asian market. The firm’s previous investors include General Catalyst Partners, Time Warner (NYSE:[[ticker:TWX]]), First Round Capital, and Baseline Ventures, according to its website.

Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.