Tuesday, March 29, 2011

Adap.tv Gets $20M

San Mateo-based Adap.tv, the provider of video advertising services and marketplace for video ads, said today that it has raised $20M in a financing round. The new funding was led by Bessemer Venture Partners, and also included prior investors Gemini Israel Funds, Redpoint Ventures and Spark Capital. The firms said the new funding will go towards international growth, and further development of its products and platform. Adap.tv is headed by Amir Ashkenazi. More information »