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VideoAmp Pulls In $70M Funding Round

Santa Monica-based advertising startup VideoAmp said on Wednesday that it has raised a big $70M funding round, led by the Raine Group, and also included Ankona Capital, Mediaocean, and RTL Group. The company, which develops cross-platform advertising, said it will use the funding to build out its team, as well as for acquisition. As part of the funding, Peter Liguori (former CEO of Tribune Media) joins the company's board of directors. VideAmp has now raised $106.6M in total. The company's software is used for TV and video advertising analytics. More information »