AAA Innovid advertises its $11m

Innovid advertises its $11m

Innovid, a US-based provider of video advertising software, has raised $11m in its series C round from a consortium including Germany-based phone operator Deutsche Telekom’s corporate venturing unit, T-Venture.

The other named investors in the C round were venture capital firms Vintage Investment Partners, Sequoia Capital and Genesis Partners.

In August 2011, Innovid raised $9.5m in its B round from T-Venture, Sequoia Capital and Genesis Partners.

It followed Innovid raising a series A round in 2010 at $4.1m.

Genesis provided a $3m seed investment in March 2008.

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