Jivox Raises $10.7M

San Mateo-based Jivox, a provider of online self-service video advertising technology, said today that it has raised $10.7M in a venture capital round led by Opus Capital. Other investors in the round also included Helion Venture Partners and other existing investors. Jivox said the funding will go towards continued development of its platform and for sales and marketing. Jivox develops an online video advertising platform focused on small and local businesses; the firm's technology allows companies to create, target, and distribute their online video advertising. More information »