Tagged: Innovid

Ad-Tech Startup Innovid Raises $30 Million

Mobile still accounts for 50% of the ads it serves, while desktop accounts for 20%. EMarketer forecast last July that nearly 765 million people globally, or 10.2% of the world, would use a subscription streaming video service at least once per month in 2018, a year-over-year increase of 24%. Innovid, which is profitable, has $50 million to $70 million in revenue, according to a person familiar with the company. Source: www.wsj.com