Vidyard nets $18 mln in Series B round led by Bessemer Venture Partners
Vidyard has secured $18 million in a Series B financing. The round was led by U.S. venture capital firm Bessemer Venture Partners with the participation of existing investors iNovia Capital, OMERS Ventures, Salesforce Ventures and SoftTech VC. As a result of the deal, Bessemer partner Byron Deeter will join the company's board of directors. Vidyard, a video marketing software platform that helps marketers achieve results with online video content, said the deal will facilitate further growth and expansion of its product offerings. Based in Kitchener, Ontario, the company was founded in 2010. It has to date raised about $26 million in funding, according to Thomson Reuters' data.
14 January 2015•5 mins read
