Wednesday, February 3, 2010

BrightRoll Gets $10M

San Francisco-based BrightRoll, the operater of an online video advertising network, said today that it has raised $10M in a Series C funding round. The company said the funding was led by Scale Venture Partners, and also included True Ventures, Adams Street Capital and KPG Ventures. The firm said it has now raised $16M in funding, and that it was profitable for the last 12 months. The firm said the funding will go to expand its technology platform and operations. Rob Theis of Scale joins the board with the funding. More information »