Tremor Media Gets $18 Million Third Round For Online Video Ads

Online video ads and tech provider Tremor Media has closed its third round of $18 million, led by Meritch Capital Partners. Existing backers, including Canaan Partners, Masthead Venture Partners and European Founders Fund participated in the funding as well. Tremor said it aims to accelerate product development and expand its network, including its ad monetization platform Acudeo.

Since its seed funding in 2006, the company, based in New York City, raised a $11 million second round and several months later, some undisclosed funding from the European Founders Fund. Release.