In a recent development, Amsterdam-based video tech startup Cleeng which provides video e-commerce solutions for broadcasters, announced a Series B funding round of €5 million to boost product development and growth in key markets.
Fresh funding: New developments
With the new funding, Cleeng will up its sales and marketing efforts, broaden its partner network and further invest in research and development. The funding round is led by Dutch venture capitalist firm Walvis, joined by current investors C4 Ventures. Walvis, founded by the J.A. Fentener van Vlissingen family, helps Dutch technology companies scale internationally.