The video advertising platform has now raised about $65m in total, after Cisco and Deutsche Telekom returned to support its latest round.
US-based video delivery platform developer InnoVid has secured $27.5m in a debt and equity round backed by Cisco Ventures and T-Venture, the respective corporate venturing vehicles of Cisco and Deutsche Telekom.
The corporates were joined in the $15m equity portion of the round by New Spring Capital, Sequoia Capital Israel, Genesis Partners and Vintage Investment Partners. A further $12.5m in debt financing was provided by Silicon Valley Bank and TriplePoint Capital.
InnoVid claims it has built the only video platform…
