The video investment dollars are going to publisher-serving platforms, too.
A number of supply-side-focused companies got snatched up last year, including LiveRail, SpotXchange, Videoplaza and Ooyala.
Parisian video supply-side platform Teads, which merged in 2014 with demand-side video tool eBuzzing, on Tuesday announced it had raised $30 million in financing, $15 million of which was equity-based, the remainder coming from a mid-term line of credit issued by Bank of China and HSBC.
Bertrand Quesada, Teads’ CEO, said the video ad platform did $100 million in net revenue last year, a 65% increase year over year.
Teads develops something called an “inRead” video ad format, which only activates sound or motion when a viewer scrolls over a placement. Quesada says it’s consumer- and advertiser-friendly, since Teads runs semantic analysis to align ads with contextual content, and only charges advertisers for completed views. Forbes, Slate and Reuters all white-label its tools, and Videology, Turn, DBM, Adap.tv and others hook in on the demand side.
“We’ve only been operating in the US for a year and a half, but now we’re working with over 500 premium publishers including Hearst, Condé Nast, Reuters and The Washington Post,” said Quesada. “Publishers are desperate to grow their dollars in the video space and it’s a good way to address the challenge of lack of premium video inventory that exists today. We plan to use the financing to expand our team and offices globally.”
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