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Vdopia raises $3.4 million Series B

Online
video advertising company Vdopia has raised $3.4 million of a $7.4 million as
per a filing with the US Securities and Exchange Commission. The special form
is usually filed by companies when they are closing new funding.

Online
video advertising company Vdopia has raised $3.4 million of a $7.4 million as
per a filing with the US Securities and Exchange Commission. The special form
is usually filed by companies when they are closing new funding.

The
company mentioned that they began raising the money on December 3, 2012. As of
today, $3.4 million of the $7.4 million offering has been sold to private
investors. The last filing with the SEC of the company was on September 17,
2009 noted $4.7 million in new investment. Prior to that, in October 2009,
Vdopia raised $4 million in Series A funding from Nexus Venture Partners.

Earlier this year, the company saw change in the top management with
SIFY Technologies’ National Head Preetesh Chouhan taking over company’s Vice
President and Sales Head for APAC. While later in October, Associate Vice
President of Zenith Optimedia Shivam Srivastava was appointed as Director of
Business Development for APAC.

Vdopia is the largest Video Ad Network and Video Ad Platform
that targets Indians across the world. It provides advertisers opportunity to
advertise on the most premium online video content available on the internet.

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