The company's revenue has grown rapidly in line with the growth of the online video advertising market.
Adap.tv Ltd. has raised $20 million in its third financing round. The company, founded by CEO Amir Ashkenazi, a co-founder of Shopping.com, has raised $47.5 million to date.
Adap.tv has developed an online video advertising platform. The company's revenue has grown rapidly in line with the growth of the online video advertising market. Bessemer Ventures led the round, and was joined by current investors Gemini Israel Funds and Redpoint Ventures.
Published by Globes [online], Israel business news - www.globes-online.com - on March 29, 2011
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