Startup News: BlackArrow Raised 20 Million Dollars

BlueHorseshoe's picture

As seen on TechCrunch, BlackArrow.tv raised 20 million Dollars in venture capital from their existing stake holders.
Here is what they do in their own words:
BlackArrow is an independent provider of multiplatform ad management for viewer-controlled video. The company’s ad-management system is designed specifically for video content distributed over any on-demand platform — enabling content providers and distributors to maximize advertising revenues, and improving advertisers’ ability to reach target audiences. BlackArrow is led by an experienced team of executives from the advertising, television and digital media industries, and is backed by Cisco Systems (NASDAQ: CSCO), Comcast Interactive Capital, Intel Capital (NASDAQ: INTC), Mayfield Fund and Polaris Venture Partners. The company is privately held, with offices in New York City and San Mateo, Calif.

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