Another investment round in Innovid - raises 27.5 million USD


Innovid, the video-ad startup, announced another investment round of 27.5 million USD. Innovid provides a SaaS solution to video ads and remians neutral as the the media content itself, employes more than 200 employees in right offices around the world. In the funding release, Innovid once again points to “media neutrality” as one of the key factors in its growth, as well as its support for Internet-connected TVs.
Investors in the current round include New Spring Capital, plus previous backers Sequoia Capital Israel, Genesis Partners, Cisco Ventures and T-Venture.

Read more: TechCrunch