Thursday, April 30, 2009

FreeWheel Raises $12M

San Mateo-based FreeWheel, a developer of a platform for managing online video advertising, announced Thursday that it has raised $12M in a Series C funding round. The round was led by Foundation Capital, and also included Battery ventures. Foundation's Ashmeet Sidana joins the firm's board along with the funding. FreeWheel's product is used for managing video advertising and content. More information »