RAMP Secures $15 Million Series C Financing Led by StarVest Partners, Bringing Total Funding to $40M

RAMP, the leader in next generation search and video experiences, announced today a Series C financing led by New York-based StarVest Partners. As part of the transaction, Deborah Farrington, co-founder and General Partner at StarVest will be joining RAMP's board of directors. StarVest is also joined by Hearst Interactive Media and EDBI as new investors in RAMP, along with participation from existing RAMP investors Fairhaven Capital, Accel Partners, General Catalyst Partners, and Comcast Ventures. This round brings the total capital raised to $40 million for the company. To date, RAMP has built a leadership position in helping media companies create more value from their digital content assets, including digital video, using its patented MediaCloudTM platform, including brand names such as Comcast, Fox, ABC, Meredith, Hearst, NFL and others. In addition to the continued investment and expansion of its leading media solutions, the new financing will enable enterprises to get more value from online video than previously possible. RAMP's unique approach and core intellectual property delivers a comprehensive solution for enhanced video search, content management, indexing, and publishing, and easy integration and connections to popular enterprise content platforms such as Microsoft SharePoint. RAMP's scalability will also enable aggressive global expansion to replicate the success from its North American customer base. “StarVest has deep experience funding companies with cloud-based business models,” said Deborah Farrington of StarVest Partners. “RAMP has created a highly scalable business with a dynamic team serving the explosive opportunities resulting from the growth in video use across media companies and is now poised for success in the enterprise.”