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

Apple Previews Siri AI at WWDC

CUPERTINO -- Apple previewed its upcoming software releases at its Worldwide Developers Conference that will…

3 days

Super Micro Looks to Raise $7 Billion to Fill Order Backlog

SAN JOSE -- Super Micro Computer announced it will raise $7 billion in stock sales…

3 days

Robinhood Adds World Cup to Prediction Markets

With a record 48 countries playing in more than 100 soccer matches across North America…

6 days

What’s Up? Supabase Scores $500 Million Series F

SAN FRANCISCO -- Supabase, an open source Postgres development platform, has announced a $500 million Series…

1 week

Reactor Emerges From Stealth With $59 Million

SAN FRANCISCO — Reactor, a developer platform for real-time generative video, has emerged from stealth with $59…

1 week

Forage Discovers $40 Million Series B

SAN FRANCISCO -- Forage, a mission-driven financial infrastructure platform, has landed a $40 million Series B…

1 week