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Spearad raises $1M + Seed Funding to Transform Addressable TV Advertising
December 10, 2020 GMT
Spearad GmbH logo
FRANKFURT, Germany, Dec. 10, 2020 /PRNewswire/ Spearad, the emerging Addressable TV vendor, announced today that is has secured over US $1M in Seed financing.
The funding round was realized with Fund Hessen-Kapital III, Fraser & Company, Richard Reimer of law firm Hogan Lovells, and industry veteran Ralf Jacob, who also joined the company´s advisory board. Richard Reimer and Philipp Kobus of Fraser will serve as non-executive advisors to the management team. Existing investor Leverage Invest & Consult GmbH, represented by Michael Schultheiss, also participated in the round, following its earlier investment in 2019.