VidCrunch Secures $2.5 MM in Growth Capital from Silicon Valley Bank (SVB) to enhance its content advertising platform and to fuel European and APAC growth
The investment provides additional layer in the company financing, on top of $2.0 MM already secured by prominent Silicon Valley angels.
- The investment provides additional layer in the company financing, on top of $2.0 MM already secured by prominent Silicon Valley angels.
- The Miami-based technology company develops and markets its Smart Video ProducerTM technology, which automatically curates and publishes video content for web, app and CTV publishers.
- Oded Pelled, VidCrunch's Executive Chairman said: "VidCrunch saw tremendous success in APAC and Europe, serving premium publishers like CNN Philippines, Manorama Online, GMX.net, Web.de, Mail.com and others.
- The company developed a content advertising technology that helps sites keep audiences longer and consume more of the site's content.