Rembrand (see Pulse 2.0 profile here), a leading innovator in In-Scene Media and Virtual Product Placement technology, announced it raised $23 million in Series A funding to expand and drive the company’s already rapid growth. The funding round was led by super{set}. It included participation from The Trade Desk and Naver D2SF plus existing investors such as BOLD, the corporate venture capital fund of L’Oréal, Greycroft, and others.
This funding further solidifies Rembrand’s position as the leading company driving the creation and growth of In-Scene Media and Virtual Product Placement across all video formats, including the rapidly expanding Connected TV (CTV) market.
Rembrand’s AI-based technology seamlessly integrates brands into video content, providing viewers with a non-intrusive and engaging advertising experience. And the company’s platform offers a range of benefits for advertisers, including increased brand awareness, improved engagement, and access to premium video inventory with longer time-on-screen and more ways of generating attention using AI tools.
With the continued growth of CTV and the increasing demand for non-intrusive advertising formats, Rembrand is prepared for significant expansion. And the company’s Series A funding will enable it to capitalize on this market opportunity and solidify its position as the leader in In-Scene Media and Virtual Product Placement.
KEY QUOTES:
“We are thrilled to have the backing of such a distinguished group of investors. This funding will enable us to accelerate our growth, expand our team, and continue to innovate our technology platform to meet the evolving needs of advertisers and content owners across the broader video marketplace.”
- Omar Tawakol, Rembrand CEO and co-founder
“Rembrand is at the forefront of a major shift utilizing AI in advertising, and we are excited to partner with them as they scale their business and transform the way brands connect with consumers.”
- Tom Chavez, Co-Founder and General Partner at super{set}
