Video advertising company Jun Group received $2.5 million in debt financing led by Western Technology Investment today after tripling in size since its first round with WTI.
Online video advertising is already a huge arena for companies looking to bring television advertising success to multiple screens. Jun Group provides a number of different ad unit preferences including sponsored content, where a brand gets an entire page on a “premium publisher site” to display its advertising; embedded videos on existing content; as well as native ad units.
It currently serves a number of Fortune 500 companies including Coca-Cola, Kraft, Microsoft, NBC, Disney, and more.
WTI originally invested $2.5 million into Jun Group in 2011 bringing its total investment up to $5 million. The company is headquartered in New York.