BrightLine, a NYC-based provider of advanced TV solutions, completed a $20m Series A round of financing.
The round was led by Fundamental Global Investors chairman Joe Moglia, also the chairman and former CEO of TD Ameritrade, with participation from Pivotal Capital.
The company will use the funds to expand its operations.
Led by Jacqueline Corbelli, Co-founder and CEO, BrightLine provides Fortune 100 companies including AMEX, Home Depot, Estee Lauder, GM, Unilever, and Nat Geo, with advanced TV solutions to power interactive TV ad campaigns distributed across Over-The-Top (OTT) platforms. Its InCAST’s Advanced TV technology suite gives marketers a plug-and-play solution to take advantage of the entire scale of OTT, Connected TV and Smart TV advertising opportunities.
Media partners include AMC, A&E, CBS, Discovery, ESPN, Fox, Hulu, MTV and VH1. Apple, Amazon, Microsoft Xbox, Roku, Samsung, and Sony PlayStation.