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Auditude Accepts New Venture Capital Investment

Friday, March 13, 2009 5:28:00 AM PDT | VentureDeal Staff

Palo Alto, California  --  Digital media company Auditude has raised $10.5 million in a new round of institutional venture capital financing.

Auditude provides digital content monitoring and management services that simplify video distribution and advertising.

Redpoint Ventures led the financing round, which included Greylock Partners. The company said it would use the funding proceeds "to expand its leadership position in video management and monetization for content owners and publishers across the web."

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