Video ad Tech firm Pixability Lands $18 Million Financing round

Pixability has introduced the closing of an $18 million sequence C financing spherical, bringing the corporate’s complete funding to $28 million.

the corporate’s ad tech platform — Pixability v3 — bargains programmatic YouTube video advert shopping for for media experts. Pixability says it’s done a cumulative gross sales compound annual growth rate of 240 percent over the past 5 years, and it lists L’Oréal usa, PUMA, Viacom, Publicis Groupe, Mindshare and Omnicom’s decision Media amongst its shoppers.

Pixability says this new capital might be used to make bigger its video ad platform and to develop its world sales and bizdev efforts. From lately’s information liberate:

“The success of our fundraising round solidifies Pixability’s price proposition throughout the online video ad tech ecosystem,” stated Bettina Hein, Founder and CEO of Pixability. “Our know-how proves the trade worth of a data-pushed video advertising strategy. We predict online video’s dominance will expand further over the following couple of years as more shoppers minimize the wire, and more providers provide Over-The-prime services and products.”

This funding spherical is led by bounce Capital and Edison partners, and all present investors also participated in the round, Pixability says.

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