Thursday, July 12, 2007

adap.tv Lands $10M

San Mateo-based adap.tv, a provider of a video advertising platform for matching publishers and advertisers, said today that it has raised $10M in a Series A round. The funding was led by Redpoint Ventures, and also includes Gemini Israel Funds, a prior investor in the company. adap.tv said it will use the funding to expand and enhance its products, broaden its recruitment efforts, and grow its operations. adap.tv is headed by Amir Ashkenazi, former co-founder and CTO of Shopping.com. More information »