Veenome Raises $1M in Funding

veenomeVeenome Inc., an Arlington, VA-based provider of a platform that creates data from online video, raised $1m in funding.

Backers included both new (Clay DeGiacinto and Ahmed Al Darmaki) and existing investors.

The company, which has raised $2m to date, intends to use the funds to continue to expand its business and tech development head count.

Led by CEO Kevin Lenane, Veenome provides ad networks with a platform to monitor and audit publishers, and publishers with tools to understand their own content.
The company’s data-as-a-service company translates video into machine-readable data. Its core API product automatically identifies the visual contents in video and returns those as a data — tags, keywords, categories, etc., to increase ROI for video platforms, publishers and advertising networks.



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27/11/2012: Veenome Raises $100K
15/12/2012: Veenome Raises Additional Venture Capital Funding
21/11/2011: Veenome Raises $500K in Seed Funding

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