Keating Capital Participates in Tremor Video’s $37 Million Preferred Stock Offering
September 13, 2011 – Greenwood Village, Colorado – Keating Capital, Inc. (KeatingCapital.com), a pre-IPO investment fund, announced that on September 6, 2011, it made a $4 million investment as part of a $37 million preferred stock financing round of Tremor Video, Inc. (TremorVideo.com). The round was led by new investor W Capital and included Keating Capital, Canaan, Draper Fisher Jurvetson Growth, General Catalyst, Meritech and Time Warner.Founded in 2005 and headquartered in New York City, Tremor Video is an online video technology and advertising company that provides video advertising solutions to Fortune 1000 brand advertisers and top tier publishers of Web videos. Tremor Video places video advertisements before or next to online videos or other content for brand advertisers such as Procter & Gamble, Mars, Microsoft, Sprint Nextel, and Walt Disney. Tremor Video’s award-winning SE2 technology provides advertisers with tools to target and engage customers, measure campaign effectiveness and ensure brand safety by scanning and categorizing each video stream before an advertisement is placed. Tremor Video’s network of over 5,000 third-party publishers of online video content benefit from a full suite of products and services to monetize streaming video and maximize their return on investment.
Timothy J. Keating, Keating Capital’s CEO stated: “According to eMarketer, a digital marketing research firm, the U.S. online video advertising market is estimated to be approximately $2.2 billion in 2011 growing to nearly $5.7 billion by 2014, with video ads representing about 29% of the projected $19.6 billion U.S. online display advertising market in 2014 second only to banner ads with 56% of the market. We believe Tremor Video is one of the pioneers leading the development and transformation of the online advertising industry, and we are delighted to be an equity capital partner with the company.”
Tremor Video is Keating Capital’s eighth new portfolio company investment in 2011. With this investment, Keating Capital has now invested a total of $28.4 million in 12 portfolio companies, including $24.8 million invested year-to-date.
About Keating Capital, Inc.
Keating Capital (www.KeatingCapital.com) is a business development company that specializes in making pre-IPO investments in innovative, high growth private companies that are committed to and capable of becoming public. Keating Capital provides individual investors with the ability to participate in a unique fund that invests in a private company's late stage, pre-IPO financing round — an opportunity that has historically been reserved for institutional investors.
Margie L. Blackwell
Investor Relations Director
Keating Capital, Inc.
5251 DTC Parkway, Suite 1000
Greenwood Village, Colorado 80111
mb@keatinginvestments.com
(720) 889-0133
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Keating Capital Participates in Tremor Video’s $37 Million Preferred Stock Offering here
News-ID: 191634 • Views: …
More Releases from Keating Capital, Inc.
TrueCar Receives Growth Capital from Business Development Company
October 11, 2011 – Greenwood Village, Colorado – Keating Capital, Inc. (KeatingCapital.com), a pre-IPO investment fund, announced that on September 26, 2011, it made a $3 million common stock investment in TrueCar, Inc. (www.TrueCar.com) (“TrueCar”). Through this most recent closing, TrueCar has raised over $50 million in the common stock financing round.
Founded in 2005 and based in Santa Monica, California, TrueCar is an online research and pricing tool…
Keating Capital is Lead Investor in Metabolon’s Series D Financing
August 30, 2011 - Greenwood Village, Colorado - Keating Capital, Inc. a pre-IPO investment fund, announced that on August 25, 2011, it made a $4 million investment in the $13 million Series D Convertible Preferred Stock round of Metabolon, Inc. ("Metabolon"). Other investors in the Series D round include existing investors Sevin Rosen Funds, Aurora Funds, Harris & Harris Group, Syngenta Ventures, Fletcher Spaght and Fulcrum Financial Partners.
Founded in…
Keating Capital’s First Portfolio Company Completes IPO
NeoPhotonics raises $82.5 million and lists on New York Stock Exchange
GREENWOOD VILLAGE, Colo. -- Keating Capital, Inc. announced today that its first portfolio company, NeoPhotonics Corporation, completed an initial public offering of its common stock and is now listed on the New York Stock Exchange under the ticker symbol NPTN. NeoPhotonics sold 7.5 million shares of its common stock at a price of $11.00 per share. Bank of America…
More Releases for Capital
Venture Capital & Private Equity Firms Market is Going to Boom | TPG Capital, GG …
The latest independent research document on Venture Capital & Private Equity Firms examine investment in Market. It describes how companies deploying these technologies across various industry verticals aim to explore its potential to become a major business disrupter. The Venture Capital & Private Equity Firms study eludes very useful reviews & strategic assessment including the generic market trends, emerging technologies, industry drivers, challenges, regulatory policies that propel the market growth,…
Venture Capital Investment Market 2021 Is Booming Worldwide | Accel, Benchmark C …
Venture Capital Investment Market describes an in-depth evaluation and Covid19 Outbreak study on the present and future state of the Venture Capital Investment market across the globe, including valuable facts and figures. Venture Capital Investment Market provides information regarding the emerging opportunities in the market & the market drivers, trends & upcoming technologies that will boost these growth trends. The report provides a comprehensive overview including Definitions, Scope, Application, Production…
Venture Capital Investment Market 2019 Trending Technologies, Developments, Key …
Fintech solutions provide alternative finance firms with a platform for investors to directly come across companies and individuals looking for equity financing and debt. The technology has enabled new players to take faster decisions, engage with customers more precisely, and run operations at low cost-to-income ratios compared with traditional banks
This report studies the Venture Capital Investment market status and outlook of Global and major regions, from angles of players,…
Venture Capital Investment Industry 2018-2025- Accel, Benchmark Capital, First R …
Global Venture Capital Investment Industry 2018 research report added by orianresearch.com to its vast repository provides important statistics and analytical data to give a complete understanding of the market size, share, growth, trend, demand, top player, industry overview, opportunities, value cycle, end-users, technology, types and application. The report extensively provides the market overview, gross margin, cost structure, recent trends and forecasts for the period 2018-2025. The market size estimations have…
Risk Capital Investment Market 2018: Revenue, Growth Rate & top companies like- …
The Risk Capital Investment Market report gives a detailed overview of the dynamics of the industries, which impacts on the growth of businesses. The study comprises a blend of various segments such as drivers, restraints, and opportunities. Different scenarios are examined in this report along with the top driving factors and that offers the ways for business expansion. The effective strategies are implemented by the various top-level key players to…
Venture Capital Investment Market 2018-2025 Emerging Trend - Benchmark Capital, …
ReportsWeb.com has announced the addition of the “Global Venture Capital Investment Market Size Status and Forecast 2025” report detailed insights about the aspects responsible for augmenting as well as restraining market growth and analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
This report studies the global Venture Capital Investment market size, industry status and forecast,…