VC, IT, Web

ScanScout Banks $5.1M in Third Round

Ryan McBride 4/13/09

ScanScout, a Cambridge, MA-based provider of a network that puts ads into online video, has raised $5.1 million of an $8.1 million third round of financing, according to a PE Hub report, which cites a regulatory filing. Prior to the financing, the firm had raised $7 million from investors such as General Catalyst Partners, First Round Capital, Time Warner, and angel investor Ron Conway, the report says.

Ryan McBride is Xconomy's correspondent. You can reach him at rmcbride@xconomy.com, or follow him on Twitter at http://twitter.com/Ryan_McBride.