AAA TidalTV rises for $30m round

TidalTV rises for $30m round

TidalTV, a US-based provider of video advertising services, has raised more than $30m in its series C round from a consortium including Comcast Interactive Capital, the corporate venturing unit of local cable company Comcast.

Venture capital firm New Enterprise Associates (NEA) led the C round, and was joined by fellow reinvesting VC firm Valhalla Partners.

In February last year, TidalTV raised $16m in its B round led by Comcast Interactive Capital, with partner David Horowitz joining the portfolio company’s board, and including NEA and Valhalla.

The company previously raised $15m from NEA and Valhalla in 2008.

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