Delivery Agent, which provides e-commerce solutions for entertainment companies, has raised $24.85 million in a round of funding, according to an SEC filing, first reported by PEHub. The company’s client list is a who’s who of the major networks and big shows — it claims to help monetize more than 90 percent of the “Nielsen Primetime Top 50 shows.” Delivery Agent last raised a round of funding in May 2007, when it brought in $18.5 million in a round led by Bessemer Venture Partners. PEHub says that Coral Capital Management is a new investor this time around. The new funding means that Delivery Agent will have raised nearly $60 million since its start eight years ago.
We reached out to Delivery Agent for comment early this morning but did not hear back. We’ll update this post when we learn more.
Update: Delivery Agent confirms the funding in a press release, saying it will use the new funds to expand abroad and to expand its technology to serve click-to-buy applications for online video, mobile, and set-top boxes. The round was led by Focus Ventures. In addition to Coral, Ironwood Capital, along with Bessemer Venture Partners, Worldview Technology Partners and Cardinal Venture Capital all participated.