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Tremor Media secures venture funding from SAP Ventures
Aug 26, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
Tremor Media, Inc., an online video advertising network and a provider of Acudeo video monetization platform, has secured venture funding from SAP Ventures, a venture capital firm. Both the parties involved in the transaction are based in the US.
Deal Type Venture Finance
Sub-Category Growth Capital/Expansion
Deal Status Completed: 2009-08-25
Deal Participants
Target (Company) Tremor Media, Inc.
Deal Rationale
The investment will enable Tremor Media to increase its video product development efforts to provide technology solutions for both publishers and advertisers.
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