Press Release: Vemba : Vemba raises $6 million to create a new standard for the video distribution business

Toronto-based Vemba today announced that it has raised $6 million in series A-1 funding from Time Warner Investments and SpotX, with participation from existing investors Upfront Ventures and Bertelsmann Digital Media Investments. The funding will be used to further expand the company's technology offering for content owners and publishers and continue rollout of the platform to the world’s largest media companies.