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Venture Capital

Irish Firm Videoelephant Drives Global Supply For Online Video Advertising With A Fresh Capital Raise Of €5.5M

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Irish Firm VideoElephant Drives Global Supply for Online Video Advertising With a Fresh Capital Raise of €5.5m DUBLIN, July 9, 2019-- Fast-growing Irish online video distribution company VideoElephant has closed a €5.5m funding round led by blue chip Irish investor Act Venture Capital. The Dublin-headquartered company, founded in 2012, will use the new equity to expand its global workforce across its offices in Dublin, New York, Los Angeles, Berlin and Sydney. VideoElephant plans to almost double its workforce, as well as investing heavily in their IP and AI technology to support its growing library of over 2 million videos.

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