Monday, April 19, 2010

BlackArrow Gets $20M

San Jose-based BlackArrow, a developer of advertising technology for the cable television industry, announced today that it has raised $20M in a Series C funding round. The firm said that NDS Group led the round, which also included prior investors Cisco Systems, Comcast Interactive Capital, Intel Capital, Mayfield Fund and Polaris Venture Partners. The company said the funding will go towards product development and deployment. BlackArrow develops an advertising platform used to deliver advertising for pay TV and other cable operators. More information »