Posts Tagged ‘Investment’

What Will GetGlue Do With Their Latest $12M Investment?

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This week social check-in app GetGlue announced that they closed a $12 million round of financing. The round, led by Rho Ventures, with participation from TimeWarner Investments, RRE Ventures and Union Square Ventures is the company’s largest round to date. But what are they going to do with the money? A spokesperson from GetGlue gave us the lowdown.

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Unruly Media Raises $25M For Global Social Video Expansion

Social TV

Global online ad spend is set to reach $110 billion by 2014 with video ad spend leading the pack, and social video advertising platform Unruly Media is positioning itself as one of the leaders in this arena. Wednesday they announced a $25 million Series A investment. The financing round clocks in at the largest ever for a private company in the social video space.

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Does Digital Content Slash A Developer's Profits?

ubisoft

Ubisoft, a video game developer and publisher, claims that digital content — products that are available digitally — is costing the company money. CEO, Yves Guillemot, spoke very highly regarding the future of digital content in the gaming industry, but also claimed that digital content is placing a burden on the company. Guillemot clarified that just because a game is popular, does not mean the game is profitable – a lesson to be learned by smaller developers.

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Innovid Ramps Up For The Mobile Market With $4 Million Investment [Interview]

Innovid

Last week interactive video ad platform Innovid announced that they have just raised $4 million in a highly successful investment round. The money, which was invested by Deutsche Telekom’s T-Ventures as well as Genesis Partners, should lead to Innovid’s accelerated growth within Europe, as well as their entry into the Connected TV and mobile markets. I was interested in learning a little bit more about what this investment means for Innovid, so I asked the company’s Director of Marketing, Corey Kronengold, a few questions. Find out what he had to say after the jump.
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