Wednesday 2 May 2012

Video Ads + App Ads = Vungle, a Freshly Minted Start-Up With a Big Pile of Cash

The video-ad business is growing quickly. Mobile ads, even more so.
And if you combine the two? You get Vungle, a barely hatched start-up that just raised a $2 million seed round.
Vungle’s pitch is straightforward: They help app developers make video promo reels for their stuff, and turn them into “in-app” ads (you can see a sample below). There are a whole lot of ways to buy in-app advertising for other apps already — it’s a big chunk of the mobile ad business right now — but the Vungle guys argue that they make it easy. And that unlike iAd, AdMob, Millenial, etc., it’s all they do...

from All Things Digital

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Video-ad business growing quickly? Really? Based on how Blinkx is panning out, you could have fooled me...

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