Veühub, the online platform that delivers video content and programmatic monetization solutions, has raised $2 million in seed-stage-round funding from Bethmann Lombard Bancorp Inc., a leading independent mid-market private venture capital firm.
Veühub uses proprietary technology to bring together video publishers, brands and agencies in a data-driven, content sharing and monetization platform. The platform offers a self-serve content management system that currently hosts over 500,000 videos, a multiscreen video player that delivers fast, high-quality and on-demand video experiences across mobile, desktop, CTV (connected television) and a custom-built monetization ad stack. Veühub is enabling content creators to increase distribution and web publishers to generate incremental revenue.
Since launching in 2016, Veühub has shared millions of videos from unique content creators. The funds raised in this seed-stage round will be used to scale internal development and Veühub’s sales team, along with completing the build of their new omni-channel ad-serving SaaS product, Slyngshot. With Slyngshot, VeuHub is venturing into the ad-serving space with a multi-channel (display, mobile, video), real-time bidding (RTB)-enabled ad server that publishers and media companies can use to transact and monetize their advertising inventory.
Veühub is a programmatic media company that enables advertisers and publishers to drive results through custom solutions and proprietary technology. Veühub was founded by media and technology experts and is headquartered in Toronto, Canada.
To learn more, visit veuhub.com.