ScanScout Raises $5.1M
Video advertising technology startup ScanScout has raised $5.1 million of a planned $8.1 million round, according to a regulatory filing found by Mass High Tech.
Boston-based ScanScout specializes in video overlay ads and recently added behavioral and contextual targeting. While targeted overlay ads are perceived as less obtrusive for watchers, most other video ad providers say that pre-rolls on premium content are the way to make money on video today. However, ScanScout has an impressive customer list, including many large premium content sites and big-name advertisers.
ScanScout previously raised a $7 million Series A round from General Catalyst Parters, Ron Conway and First Round Capital, and then added strategic funding to that round from Time Warner Investments. It named a new CEO — Bill Day, formerly of Marchex, About and WhenU — last fall.
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[...] EDB Investments. We’d previously written about the round in March, when the company had raised $5.1 million of a planned $8.1 million round, according to a regulatory filing. Alongside the added [...]
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looks like ScanScout has a very effective way of marketing. i think many have been satisfied of their services.
If only one of these “back fill” advertising networks could make a free turnkey solution work for video podcasting and all the wasted inventory that goes unsold.