Vemba, a provider of a technology suite for video publishers and producers, raised $6m in series A-1 funding.
The round was led by Time Warner Investments and SpotX, with participation from existing investors Upfront Ventures and Bertelsmann Digital Media Investments.
The company intends to use the funds to further expand its the technology offering for content owners and publishers and continue rollout of the platform to the large media companies.
Led by Norbert Horvath, Founder and CTO, and Garrick Tiplady, CEO, Vemba has created a player-agnostic technology solution for video distribution, allowing publishers to integrate third-party video content and advertising within their editorial process and existing video workflow. Producers can maintain control of their content, and publishers can feature original and complementary video without adjusting for third-party players or advertising restrictions.
The company has offices in New York, Los Angeles, and Toronto.
FinSMEs
18/10/2017