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GoldSpot Media secures $3 million funding

GoldSpot Media, an innovative mobile media startup delivering dynamic ad-insertion for mobile broadcast TV, has closed $3 million in Series A funding with Silicon Valley investor Exa Ventures. GoldSpot Media offers a unique end-to-end mobile advertising solution that dynamically inserts non-intrusive, highly targeted, interactive alternate content into broadcast and streaming video on mobile phones.

“This funding allows us to execute on the company vision to make mobile broadcast a profitable business case for the entire value-chain,” said Srini Dharmaji, GoldSpot Media’s president and CEO. “GoldSpot Media is uniquely positioned to influence the future of mobile broadcast TV by offering the potential for an entirely new advertising revenue model.”

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