In-stream ad placement service ScanScout has secured an $8.5 million second round funding, which the company will use to promote U.S. and Asia expansion efforts. The Boston-based company recently opened a Singapore office, its first outpost in the region. ScanScout raised $5.1 million as part of the second round back in April. The roughly $3.4 million add-on was provided by Singapore-based EDB Investments for the purposes of supporting its entry into Asia.
Except for EDBI, ScanScout did not identify the other backers in its latest round. The four-year-old company previously raised $9 million over two rounds from General Catalyst Partners, First Round Capital and a group of angel investors. Time Warner (NYSE: TWX) also took an undisclosed stake in the firm about two years ago.

Comments have been disabled for this post