Television advertising company Clypd gains investment from Duke University in its series B round.

Duke University has invested in US-based television advertising company Clypd in its $19.4m series B investment round.

Duke University was joined in the round by Luxembourg-based entertainment company RTL Group and US-based venture capital firms Atlas Venture, Data Point Capital, Duke University, Transmedia Capital and Western Technology Investment.

To date Clypd has raised approximately $30m.

Rhys Noelke, vice-president of business development, at RTL Group, said: “Clypd is one of the first companies to create a strong platform for programmatic sales…