Deals

clypd raises $3.2M in funding
Date: 
Tuesday, March 5, 2013
Company: 
Location: 
Cambridge, MA
Deal Type: 
Funding

clypd, the interactive television and video ad exchange, today announced it has closed a $3.2 million Series A investment round led by Scott Savitz of Data Point Capital and Ryan Moore of Atlas Venture. Additional venture capital investors include Freestyle Capital, Tribeca Venture Partners, Boston Seed Capital, and Transmedia Capital.

clypd was founded by Joshua Summers and Doug Hurd, two entrepreneurs and former PayPal Media Network executives who have a strong advertising technology pedigree and deep expertise in operations, product, business development and driving revenue growth. Summers and Hurd left PayPal Media Network just three months ago to bring an online and mobile advertising model to interactive television.

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Our platform automates a data-enhanced sales approach for television advertising

 

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Posted on: November 19, 2013