Company aims to consolidate its lead in video distribution and engagement
(UNDER EMBARGO UNTIL 9AM OCT. 29) LONDON – 9AM GMT October 29th, 2013: Rockabox, a leader in video engagement technology, today announced it has completed a Series A funding round, led by Notion Capital and supported by existing investors Frog Capital, and fourteen17.
Video is the fastest growing part of the $100bn digital advertising market and is expected to reach a 14.5% share by 20161. Rockabox plans to use the new funding to expand into new markets, further develop its software-as-a-service platform and further consolidate its position as a leading provider of video engagement technology for brands, agencies, publishers and broadcasters.
Rockabox has grown rapidly since the company’s launch in 2008 with clients including leading brands such as Honda, Diesel, Estée Lauder, Hackett and House of Fraser.