Funding round
VideoAmp Series C
VideoAmp, which works in media measurement software development in Los Angeles, raised $70M in a Series C round announced on 1 May 2019, led by The Raine Group. 2 firms took part. It is VideoAmp's third venture round on record; the one before was a Series B in Aug 2017.
$70M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
VideoAmp did not disclose a valuation in this round. It came 21 months after VideoAmp's Series B. It is 13% of the $531M VideoAmp has raised in the venture rounds on record. VideoAmp raised again 29 months later: a Series F round of $275M in Oct 2021, at $1.40B post-money.
VideoAmp's funding rounds
VideoAmp has 5 venture rounds on record and 2 other deals. This one is highlighted.
- Other not a venture round 11 Dec 2014 $2.2M
- Series A 11 Nov 2015, led by RTL Group $15M
- Series B 31 Aug 2017, led by Mediaocean $21M
- Series C this round 1 May 2019, led by The Raine Group $70M
- Debt not a venture round 18 May 2021, led by Capital IP $75M
- Series F 21 Oct 2021, led by Spruce House Partnership $275M$1.40B post-money
- Series G 13 Sep 2023, led by Vista Credit Partners $150M$1.40B post-money
Investors
Who put money in
The Raine Group led the round with 1 other firm.
Lead investor
- backs 50 venture-backed companies new investor
Also in the round
- backs 13 venture-backed companies new investor
Joined the board: Peter Liguori (Tribune Media) and Erik Hodge (The Raine Group).
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
241 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $35M, and this round was 2.0 times the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 21 May 2019 | $60M | $500M | ICONIQ Capital |
| Tech Companies | 1 May 2019 | $42M | not disclosed | HCSC Ventures |
| Tech Companies | 15 May 2019 | $42M | not disclosed | HCSC Ventures |
| Modsy Tech Companies | 21 May 2019 | $37M | not disclosed | Technology Crossover Ventures |
| Tech Companies | 21 May 2019 | $36M | not disclosed | Blackhorn Ventures and Tenfore Holdings |
| Tech Companies | 14 May 2019 | $35M | not disclosed | Point72 Ventures |
| Tech Companies | 14 May 2019 | $32M | not disclosed | not named |
| Tech Companies | 8 May 2019 | $21M | not disclosed | not named |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did VideoAmp raise in its Series C round?
VideoAmp raised $70M in its Series C round, announced in May 2019.
Who led VideoAmp's Series C round?
The Raine Group led it, with Ankona Capital.
What was VideoAmp's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Tech Companies?
241 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $35M, and this round was 2.0 times the median.
Did VideoAmp raise again after this round?
Yes: a Series F round in Oct 2021 of $275M at $1.40B post-money.