GoldSpot Media, a US-based video advertising services company, has raised $12.05m in its series B round from media group Berg Enterprises and venture capital firm Exa Ventures.
Carl Berg, founder of Berg, said: "The mobile-rich media industry is crying out for highly scalable solutions to deliver on the promise of engaging the consumer on the go."
GoldSpot’s series A round raised $3m in January 2008 from Exa.