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BlackArrow pulls down $20 million in additional funding
BlackArrow, an advertising firm that works with content providers and distributors to develop advertising schemes for on-demand Web video viewers, announced today that it has secured an additional $20 million in funding from existing investors, Cisco Systems, Comcast Interactive Capital, Intel Capital, Mayfield Fund, and Polaris Venture Partners, raising its grand total to $38 million in private funding so far.
"This additional funding validates BlackArrow's performance to date, and our strategy for delivering advanced, multiplatform video advertising systems that help customers maximize revenues," Dean Denhart, president and CEO of BlackArrow said. "As audiences continue to embrace … Read more
