clypd, a Boston, MA-based sell-side technology provider for the television industry, secured $19.4m in Series B financing.
The round was led by global media company RTL Group, with participation from Atlas Venture, Data Point Capital, Duke University, TiVo Inc., Transmedia Capital and Western Technology Investment.
The company, which has raised approximately $30m in financing to date, intends to use the funds to expand resources across all departments, including product development, data science, business development, engineering and marketing, and into new markets, including Europe and APAC.
Founded in 2012 by Joshua Summers, CEO, clypd provides TV media owners with a technology solution that delivers workflow automation, data-enhanced decisioning and provides media partners with tools to manage their sales efforts.
Clients include Cox, Discovery, Univision, and others.