BlackArrow raises $20m from NDS et al
April 20, 2010
BlackArrow, a global provider of advanced advertising solutions for New Television platforms, has closed $20 million in Series C financing. The round was led by strategic investor NDS Group – and included existing investors Cisco Systems, Comcast Interactive Capital, Intel Capital, Mayfield Fund and Polaris Venture Partners.
This financing provides new capital to expand product development and accelerate the deployment of the BlackArrow Advanced Advertising System to programming networks and on-demand television content providers across North American and international markets.