Veenome Raises $100K

Veenome, an Arlington, Va.-based company that provides a platform which allows advertising networks and publishers to monitor a product’s performance on online video, has received a $100k investment from the Center for Innovative Technology (CIT).

The company intends to use the capital, provided by the CIT GAP Funds, for product development.

Led by CEO Kevin Lenane, Veenome helps advertisers determine which videos are best for them by identifying objects, brands and products in video and instantly interpreting them into data points such as tags and categories. The company won the Paley Center’s “Next Big Thing” award for media startups and was also named one of South by Southwest’s hottest startups of 2012 by CNET.

FinSMEs

27/11/2012