FreeWheel Receives $16,800,000 New Funding

  • Feed Type
  • Date
    4/26/2010
  • Company Name
    FreeWheel
  • Mailing Address
    20 E. Third Avenue San Mateo, CA 94401
  • Company Description
    FreeWheel is FreeWheel because of this incredible team we have assembled. Our team knows more about how ad management systems generate revenue than anyone.We’re on a mission to make online video advertising generate money for everyone in the value chain.
  • Website
    http://www.freewheel.tv/
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,800,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new funds will enable FreeWheel to further scale its infrastructure to support new and existing clients, expand that infrastructure globally, and continue to innovate with new products to solve the converging video industry’s biggest pain points.
  • M&A Terms
  • Venture Investor
    Steamboat Ventures
  • Venture Investor
    Turner Broadcasting
  • Venture Investor
    Battery Ventures
  • Venture Investor
    Foundation Capital

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