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VidCrunch, a leading web and app video content-based monetization provider and a Google MCM Partner, announced that it secured a multi-million-dollar financing facility from Silicon Valley Bank to expand the company's global sales team, enhance its engineering resources, and continue its ongoing investments in product development, content curation.
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MIAMI and SAN FRANCISCO, May 31, 2021 /PRNewswire/ VidCrunch, a leading web and app video content-based monetization provider and a Google MCM Partner, announced today that it secured a multi-million-dollar financing facility from Silicon Valley Bank (SVB), the bank of the world s most innovative companies and their investors, to expand the company s global sales team, enhance its engineering resources, and continue its ongoing investments in product development, content curation and creation for its publisher portfolio. The investment provides additional layer in the company financing, on top of $2.0 MM already secured by prominent Silicon Valley angels.