Video monetization platform Veühub closes $2 mln seed deal

Toronto-based video monetization platform Veühub has raised $2 million in a seed-stage financing. The round was backed by Bethmann Lombard Bancorp, a Canadian venture capital, merchant banking and financial advisory firm. Veühub provides technology to bring together video publishers, brands and agencies in a data-driven, content sharing and monetization platform. Since launching in 2016, the startup reports sharing millions of videos from unique content creators. Led by CEO Hainsley Guthrie, Veühub will use the round's proceeds to scale development and its sales team, as well as finish building a new omni-channel ad-serving software-as-a-service product, Slyngshot.

19 July 2019•2 mins read
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