News — 02 May 2011
Video ad startup raises $30 million

TidalTV, founded by Scott Ferber, who co-founded Advertising.com in 1998, announced that it raised $30 million in new financing from investors — an amount that nearly doubles the $16 million the company raised in 2009.

The investment round was led by New Enterprise Associates, with involvement from existing investors Comcast Interactive Capital and Valhalla Partners.

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Eylem Culculoglu

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