Adap.tv Raises $20 Million

Posted Mar 28, 2011

Adap.tv has raised $20 million in funding from Bessemer Venture Partners, Gemini Israel Funds, Redpoint Ventures, and Spark Capital. Adap.tv has raised a total of $43 million thus far. Adap.tv’s platform lets advertising companies manage their online video ads. Publishers use Adap.tv to monetize their websites with the video content. Adap.tv currently sees about 60 million unique visitors and they deliver about 1.8 billion video ad views per month. [TechCrunch]