VidCrunch, a Miami, FL-based web and app video content-based monetization provider and a Google MCM Partner, secured a $2.5M facility from Silicon Valley Bank (SVB).
The company intends to use the funds to expand its global sales team, enhance its engineering resources, and continue its ongoing investments in product development, content curation and creation for its publisher portfolio.
Led by Oded Pelled, Executive Chairman, VidCrunch develops and markets its Smart Video ProducerTM technology, which automatically curates and publishes video content for web, app and CTV publishers. The company’s content advertising technology helps sites keep audiences longer and consume more of the site’s content.
VidCrunch solutions drive user engagement, retention, and increase revenues for global digital publishers across verticals from news, sports, food, and DIY to ecommerce shops and even DTC brands.
FinSMEs
31/05/2021