Mobile Video Ad Firm Transpera Lands $8.25 Million

Authored by Mark Hefflinger on November 14, 2008 - 10:20am.

Santa Monica, Calif. - Transpera, a provider of mobile video advertising technology, announced that it has raised $8.25 million in its second round of financing, led by Flybridge Capital Partners.

New investor Labrador Ventures, and previous backers Intel Capital and First Round Capital also participated.

Founded in 2007, Santa Monica, Calif.-based Transpera provides mobile video ad delivery for customers including AccuWeather, Associated Press, CBS News and MTV Networks.

The new round of capital, which also includes debt financing from Silicon Valley Bank, will be used to expand the company's product line and to service customers.

 

Related Links:
http://www.marketwire.com/press-release/Transpera-NYSE-VIA-920032.html

http://www.transpera.com

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