Tremor Media, a New York-based video monetization and advertising company, has raised $40m in funding. The round was led by Draper Fisher Jurvetson Growth Fund with participation from DFJ and Triangle Peak Partners. Existing investors including Canaan Partners, Meritech Capital Partners and SAP Ventures also participated significantly in this financing.
The capital will primarily be used to invest in R&D to bolster Acudeo®, the company’s technology platform, with new solutions for both advertisers and publishers, and to drive expansion into other media channels where digital video advertising will grow.
FinSMEs
28/04/2010