Nexus Venture Invests $4 Mn In Vdopia
Nexus Venture Partners has invested $4 mn in Series-A funding round in online video advertising firm Vdopia.
Vdopia is India’s largest online video advertising platform with the widest range of advertising formats for all content online. It recently partnered with Ten Sports and NBCU for live webcasting of cricket matches in India. It also operates the premier iPhone advertising network iVdopia in the USA with unique Pre-App and In-App video advertising formats.
Vdopia is a privately held, venture-backed company headquartered in Silicon Valley. The company has sales and development offices in New York City and India.
Nexus Venture Partners has about $320 mn under management. It has invested in Altruist Technologies, mChek, Netmagic Solutions and Suminter India Organics among others. Its investment size ranges from $1,00,000 to $ 10 mn.
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