Monday, April 13, 2009

ScanScout Raises $5.1 Million in Third Round of Venture Capital - Boston, MA

ScanScout, a Boston-based provider of online video advertising networks, has raised $5.1 million in its third round of venture capital, according to a report in peHUB Wire, which cited a regulatory filing. Investors in the deal include Catalyst Partners, First Round Capital, Time Warner and Ron Conway, the report said. Founded in 2005, ScanScout, develops video streaming software and partners with large advertisers and publishers to maximize video advertising opportunities. The company says it serves “hundreds of millions of ad impressions every month.”


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