ASM Partner Tremor Media Raises $18 Million
ASM friends Tremor Media announced yesterday the closing of an $18 million series C round of financing:
This latest round of funding – bringing total VC investment to approximately $40 mil to date – further validates Tremor Media’s strategy to focus on aggressively penetrating the $70 billion television advertising market and accelerating the shift of TV advertising budgets into online video.
Congrats to Tremor on yet another success. We think this investment is strong evidence of the growth potential in the online video advertising market, even in an uncertain economic environment.
