Cinsay, Inc., an Austin, Texas-based developer of a video, advertising, and e-commerce enterprise platform, has agreed with Pepperwood Partners, LLC, to receive up to $40m in debt or equity financing.
As stated by Matthew Papish, Cinsay’s President and CEO, this 4th round of capital will provide the company with the funding needed to fully meet their technology development and deployment goals.
The funding is expected to begin closing in the next six to eight weeks.
Cinsay’s platform offers brands, retailers, and content owners a solution that leverages the strong impact video content has on a consumer’s decision to purchase and represents a cost-effective way to target viewers across the web, social, and mobile channels and turn them into customers.
The company has offices in Dallas and Los Angeles.