Summary:

TidalTV, the video ad network founded by Advertising.com co-founder Scott Ferber, has raised $8.9 million worth of a $16 million round of fu…

TidalTV logo

TidalTV, the video ad network founded by Advertising.com co-founder Scott Ferber, has raised $8.9 million worth of a $16 million round of funding, per an SEC filing. The company raised $15 million in its first round from New Enterprise Associates and Valhalla Partners, last year. TidalTV declined to comment on the new funding.

Founded in 2008, TidalTV signed a content-licensing deal with CNBC to stream news updates and long-form TV specials last October, but things have been relatively quiet on the company front since then. That could be because it has been working through an executive shuffle: Mollie Spilman, formerly Advertising.com’s chief sales and marketing officer, was the company’s original CEO, then Jason Ellin — also a former Advertising.com exec — had a stint in the chief executive role, per this SEC filing. Now Ferber is listed as Chairman and CEO.

You’re subscribed! If you like, you can update your settings

Comments have been disabled for this post