Jelli Closes $21 Million Round Of Financing
June 23, 2015 at 4:29 AM (PT)
JELLI has closed another round of financing, with the latest $21 million Series B financing bringing the total raised to $37.6 million. This round's investors included RELAY VENTURES, INTEL CAPITAL, FIRST ROUND CAPITAL, iHEARTMEDIA and UNIVERSAL MUSIC GROUP.
CEO MIKE DOUGHERTY said, "Programmatic advertising is surging across the entire advertising landscape, and by powering iHEARTMEDIA and KATZ MEDIA GROUP's networks, we are enabling broadcast radio to participate and make buying an audio ad as easy as buying a digital ad."