Rembrand Lands $23 Million Series A

<p><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">PALO ALTO<&sol;span><&sol;span><&sol;strong> &&num;8212&semi; Rembrand&comma; a developer of In-Scene Media and Virtual Product Placement technology&comma; has raised <span class&equals;"xn-money">&dollar;23 million<&sol;span> in Series A financing to expand and fuel the already rapid growth of the company&period; The round was led by super&lbrace;set&rcub; and included participation from The Trade Desk and Naver D2SF plus existing investors such as BOLD&comma; the corporate venture capital fund of L&&num;8217&semi;Oréal&semi; Greycroft and others&period;<&sol;p>&NewLine;<p>Rembrand has secured investment from key players across the advertising ecosystem&comma; including advertisers&comma; platforms&comma; media companies&comma; and talent agencies&period; The investment further solidifies Rembrand&&num;8217&semi;s position as the leading company driving the creation and growth of In-Scene Media and Virtual Product Placement across all video formats&comma; including the rapidly expanding Connected TV &lpar;CTV&rpar; market&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We are thrilled to have the backing of such a distinguished group of investors&comma;&&num;8221&semi; said <span class&equals;"xn-person">Omar Tawakol<&sol;span>&comma; Rembrand CEO and co-founder&period; &&num;8220&semi;This funding will enable us to accelerate our growth&comma; expand our team&comma; and continue to innovate our technology platform to meet the evolving needs of advertisers and content owners across the broader video marketplace&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Rembrand&&num;8217&semi;s AI-powered technology seamlessly integrates brands into video content&comma; providing a non-intrusive and engaging advertising experience for viewers&period; The company&&num;8217&semi;s platform offers a range of benefits for advertisers&comma; including increased brand awareness&comma; improved engagement&comma; and access to premium video inventory with longer time-on-screen and additional ways of generating attention using AI tools&period;<&sol;p>&NewLine;<p><span class&equals;"xn-person">Tom Chavez<&sol;span>&comma; Co-Founder and General Partner at super&lbrace;set&rcub; added&comma; &&num;8220&semi;Rembrand is at the forefront of a major shift utilizing AI in advertising&comma; and we are excited to partner with them as they scale their business and transform the way brands connect with consumers&period;&&num;8221&semi;<&sol;p>&NewLine;

Editor

Meritech Capital Leads $80 Million Series B in Depthfirst

SAN FRANCISCO — depthfirst, an applied AI lab on a mission to secure the world’s…

3 days

Apple Launching New Platform for Businesses

Apple is introducing a free all-in-one platform later this month called Apple Business that includes…

3 days

Apple TV Wins Rights for Movie Liminal

Apple Original Films has landed rights to the movie “Liminal,” a new sci-fi thriller starring…

6 days

EPIC Microsystems Lands Oversubscribed $21 Million Series A

SAN JOSE -- EPIC Microsystems, a semiconductor company developing breakthrough power delivery solutions for AI infrastructure,…

6 days

Shepherd Rounds Up $32 Million Series B

SAN FRANCISCO -- Shepherd, an AI-native commercial insurance platform, has scored a $42 million Series B…

6 days

Deccan AI Reels in $25 Million to Build Super-Accurate AI

MOUNTAIN VIEW -- Deccan AI is focusing on AI with super accuracy, and has just…

6 days