Video Recommendation Widget Company Taboola Raises $9 Million
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Taboola is a video recommendation widgets service that has raised $9 million in Series B funding. This round of funding was led by Crescent Point and Evergreen VC. Taboola has raised a total of $15 million thus far.
Taboola provides publishers with the ability to offer recommendations for any video platform that they use, such as Brightcove and Ooyala. Taboola has an algorithm called EngageRank, which does analytics and performance rankings of each video. Taboola has also hit 250 million recommendations per day across all of their partner websites.