AdRise Receives $2,000,000 New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=45062ede-503d-4b77-a635-ce6d9efc70d4&Preview=1 - Date
10/17/2012 - Company Name
AdRise - Mailing Address
1 Market St Steuart Tower San Francisco, CA 94105 - Company Description
adRise develops for free branded apps for all of the major Connected TV platforms and generates revenue from advertising and subscription revenue. We support Connected TV platforms such as Samsung, Roku, Western Digital, Xbox, PS3, Google and Yahoo TV, iPad, and Android tablets. Our ad SDKs power the ad delivery, targeting and realtime analytics and are the standard that most of the advertising world uses to deliver interactive brand advertising to Connected TVs. - Website
http://www.adrise.com - Transaction Type
Venture Equity - Transaction Amount
$2,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
AdRise is based in San Francisco and currently has about a dozen employees, but will be using the capital to ramp up personnel while going after the growing streaming video market. - M&A Terms
- Venture Investor
Foundation Capital - Venture Investor
Undisclosed
