Online Video Ad Company Jivox Closes $10.7 Million Series A Financing

Quotes

1. “ Online video advertising is the fastest growing segment of digital online marketing, but the cost of creating and placing video ads threatened to keep this medium beyond the reach of most smaller and local businesses. Jivox makes it easy for both advertisers and publishers to begin taking advantage of online video advertising. The tremendous momentum Jivox has seen since launching just a few months ago demonstrates the strong demand for this type of service. ”

2. “ Jivox has built a solid base of advertisers and publishers in the U.S. as well as in India, where the rapid increase in Internet penetration is further paving the way for innovative technology products and services such as Jivox's. ”

   By Ashish Gupta

Entities Mentioned

• Helion Venture Partners
• Ashish Gupta
• Sanjeev Aggarwal
• Kanwaljit Singh
• Rahul Chandra
• Informatica
• Opus Capital
• Celequest

1. New investor Helion Venture Partners, an India-focused venture fund, also participated in the round, along with Jivox's existing investors. ... (Read Full Article)
   
   

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