Broadband Enterprises Raises $10 Mil

By Greg Published on .

Broadband Enterprises, the online video advertising company, got $10 million from Velocity Interactive Group, TVWeek Says. Velocity is the investment firm that’s home to Ross Levinsohn and Jon Miller, PaidContent notes, saying that Broadband Enterprises is profitable and that the investment the first outside money going into the company. Broadband Enterprises competes with other video ad services including VideoEgg and Tremor Media. NewTeeVee reports Broadband Enterprises’ revenue in the tens of millions.
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