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November 15, 2011 06:55 pm GMT
One of the fastest growing segments of online advertising is video ads (it was up 42 percent in the first half of the year, and expected to continue strong growth into 2012). One beneficiary of this growth is BrightRoll, a video ad network with revenues doubling every year for the past three years and expected to do more than $50 million in revenues this year. The company, based in San Francisco, employs 150 people,up from 30 at the beginning of the year. It hired a CFO last April. BrightRoll just closed a $30 million Series C financing, led by Trident Capital. True Ventures, Scale Venture Partners, Adam Street Partners, and Comerica Bank also participated in the round.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2F3ZssapXlc/
With Revenues Doubling, Video Ad Network BrightRoll Raises $30 Million
One of the fastest growing segments of online advertising is video ads (it was up 42 percent in the first half of the year, and expected to continue strong growth into 2012). One beneficiary of this growth is BrightRoll, a video ad network with revenues doubling every year for the past three years and expected to do more than $50 million in revenues this year. The company, based in San Francisco, employs 150 people,up from 30 at the beginning of the year. It hired a CFO last April. BrightRoll just closed a $30 million Series C financing, led by Trident Capital. True Ventures, Scale Venture Partners, Adam Street Partners, and Comerica Bank also participated in the round. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2F3ZssapXlc/
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