Secondaries venture capital firm W Capital Partners led the round, which included Time Warner Investments and SAP Ventures, and took Tremor's total to $115m.

Tremor Video (formerly Tremor Media), a US-based online video advertising network, has raised $37m in its series E round from a consortium including the corporate venturing units of local media group Time Warner and Germany-based software provider SAP.

Secondaries venture capital firm W Capital Partners led the round, which included Time Warner Investments and SAP Ventures, and took Tremor’s total to $115m.

The other consortium members included VC peers Keating Capital, Canaan, DFJ Growth, General Catalyst Partners and Meritech Capital…