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Funding Round-Up: Conviva, Demandbase

Written on: August 25th 2008
Author: by Kathleen |
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ADOTAS – Conviva, a developer that pledges to deliver live Internet video faster and better than other companies, has raised $20 million in a series B round of financing led by UV Partners. Previous investors New Enterprise Associates and Foundation Capital also participated. Conviva has raised $29 million so far.

Demandbase, a startup that aims to lead generation, has received $8 million in financing in a round led by Sigma Partners, with Altos Ventures and Adobe Systems participating. The company will use the infusion to ramp up its technology platform.

Tags: conviva, demandbase, finance, internet advertising news, lead generation, online video advertising, revenue, sigma partners, uv partners and venture financing

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