Tuesday, December 21, 2010

NeoEdge Raises $3M In Debt

San Francisco-based NeoEdge, a developer of advertising services for the casual and social games market, said today that it has raised $3M in growth capital. The funding came from MMV Financial. NeoEdge said it currently serves over 100M video ad impressions a month, via its ads, which are integrated into games. NeoEdge is also backed by Vanedge Capital and Jefferson Partners. MMV Financial provides debt to venture backed companies.