Tech Company Financing Transactions
Teads Funding Round
Teads, based in Chicago, secured $47 million from private investors.
Transaction Overview
Company Name
Announced On
8/2/2016
Transaction Type
Debt
Amount
$47,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The European company says the new finance will be used to acquire ad tech companies in possession of technology that will consolidate what it claims is Teads' "leading position" in the video advertising industry, and to fund further expansion into the Asian market.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
506 N Clark St. 3S
Chicago, IL 60654
USA
Chicago, IL 60654
USA
Phone
Website
Email Address
Not Recorded
Overview
Teads, founded in 2011, is the inventor of native video advertising and the leading Outstream Video Marketplace. Publishers work with Teads to create brand new Outstream video inventory, monetizing it through programmatic buying, their own sales force, or third parties including Teads Demand.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 8/1/2016: Yieldbot venture capital transaction
Next: 8/2/2016: ReadySet Surgical venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs