Wellington Financial provides $11 mln in funding to Operative Media
Canadian specialty finance firm Wellington Financial LP has provided US$11 million in venture debt financing to Operative Media Inc, a New York-based specialist in cloud-software solutions and outsourced ad services for media businesses. Proceeds of the investment will help Operative Media to continue enhancing its platform, expanding global operations and developing new offerings for publishers. Founded in 2000, the company is backed by U.S. venture capital firm Edison Ventures. It has also received financing from Orix Ventures.
6 March 2014•3 mins read
