TVSquared tunes in for $8m funding round

The analytics business was again supported by the Scottish Investment Bank.

TVSquared, the Edinburgh-based advertising analytics firm, this week announced it had raised $8m in a new round of funding. Backers once again included the Scottish Investment Bank, the investment arm of the state-owned organisation Scottish Enterprise.

The round was led by private equity firm West Coast Capital and takes TVSquared’s total capital raised to $21m. TVSquared now has offices in London, New York and Los Angeles, and has recently expanded into Germany through its November 2017 purchase of Munich-based data firm wywy.

The Scottish Investment Bank previously supported TVSquared in a February 2017 funding round worth a total of $6.5m.

Describing the latest round, the company’s chairman Chris van der Kuyl said: “We are delighted at the close of this latest round of funding, which will fuel TVSquared’s global growth. The support of our current shareholders means that the team can focus on delivering fantastic products to an ever-growing audience.”

See more from this Government Report: Scotland


Supporting articles

Copyright Mawsonia Limited 2010. Please don't cut articles from or the PDF and redistribute by email or post to the web without written permission.

Most read

  1. Temasek-backed Adyen announces IPO plans

    June 01, 2018

  2. Ant Financial seals $10bn

    June 01, 2018

  3. Enterprise Ireland joins $10.9m Neurent round

    June 01, 2018

  4. Northern Ireland backs $4.3m SiSaf round

    June 01, 2018

  5. BDC joins $4.5m AvenueHQ round

    June 01, 2018