Global private equity and venture capital news and research

Nexus Venture-backed Vdopia receives $3.4m Series B investment

19 Dec 2012

India’s largest online video advertising network Vdopia has picked up almost $3.4m of Series B financing from a single investor.

The firm, which is backed by Nexus Venture Partners, is also targeting another $4m, according to a filing with the US Securities & Exchange Commission.

Indian investor Nexus made a $700,000 seed investment in Vdopia in 2008 and followed up with a $4m Series A investment a year later.

Vdopia was founded by Stanford and Indian Institute of Technology graduates, and currently has sales and development offices in California as well as Gurgaon and Mumbai in India.

Copyright © 2012 AltAssets

Legals & Terms of UsePrivacy Policy

AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: WeWork 4001, 1 Fore Street, London, EC2Y 5EJ
Content is © AltAssets 2000-2016