Video Ad Technology Developer Jivox Raises $8.2 Million

Online video advertising company Jivox has raised $8.2 million in new funding led by Fortinsure Ventures with existing investors Opus and Helion participating in the round. In addition to the new financing, Mani Subramanian, CEO of Fortisure Ventures and John Squires, CEO of Akademos will join Jivox?s Board of Directors. Jivox's online self-serve platform provides video advertising opportunities to clients that allow them create and embed advertisements within their videos. Jivox, which currently delivers more than 1,000 interactive video ads a month, allows for interactive video ads to run on multiple screens with an automated process.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/8-fwYei1eKY/

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