Podaddies, a new online video advertising company, has closed its first round of angel funding of $1 million. The funding was led by The Band of Angels and The Angels Forum, as well as former executives from other companies. The funding will be used to continue the growth of the company this fall, add staff and execute the vision of founder and CEO Nate Pagel.
Podaddies ensures that targeted ads will be able to play, track and pay whenever and wherever the media is consumed. Using the Podaddies ad network, advertisers can reach highly desirable markets they’ve been unable to reach while video publishers can track and monetize their video content on web pages and after it’s downloaded, shared and distributed.
Originally posted on October 8, 2007 @ 10:34 am