Mobile video network, Transpera, raises USD8.25m

Tags: Mobile, Network, Video, Corporate Communications, Advertising & Promotion, Marketing, Jeremy Collum, Mobile, Network, Video, Corporate Communications, Advertising & Promotion, Marketing, Jeremy Collum, First Round Capital, Flybridge Capital Partners, Intel Capital, Silicon Valley Bank, Transpera

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2008-11-13 12:42:14.0

Transpera, a Los Angeles-based mobile video network, has raised USD8.25m in Series B funding from Flybridge Capital Partners, Intel Capital and First Round Capital. This figure includes debt financing provided by Silicon Valley Bank.

The company previously raised an undisclosed amount in Series A funding from the same group of investors in July 2007.

Founded in 2007 by current CEO Frank Barbieri, Transpera operates a platform which enables content distributors to generate advertising revenue from mobile web videos. It also provides widget applications. Customers include MTV Networks, Discovery Networks and the Associated Press.

 

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