Virool Raises Record Amount from Crown Funding Site
Virool Raised Record Amount of $628,301 from crowd funding site FundersClub
(PRWEB) October 25, 2012
Virool, the first viral ad network for online video marketing, has raised a record amount of $628,301 from the crowd funding site FundersClub. This milestone marks the first time a private company has ever reached this amount from a crowd funding site. The cash total surpasses Virool's initial investment goal and represents a much desired windfall for the promising online startup.
FundersClub allows accredited investors the opportunity to review and invest in well vetted startups featured on their site. Since its launch a few months ago, FundersClub has allotted only a handful of companies for investors to choose from, yet they have raised over $1 million dollars in investments so far. Of those few, Virool has clearly led the pack with their record breaking $628,301 and climbing.
Virool is a platform for online video advertising to gain more exposure through strategic placement in major social networks and mobile apps. Advertisers who use the Virool online video production network can make their videos go viral by targeting relevant geographical markets and more. This comes as good news to advertisers struggling to successfully get their videos viewed by their key demographics. Virool's achievement with FundersClub is a strong indicator of the success of their innovative business model and its necessity with advertisers the world over.
Founded by Babson 2010 graduate Alexander Debelov, with partner Vlad Gurgov, Virool is the world's first viral video ad network that utilizes publishers to gain more exposure and views for client's videos. Virool's viral video formula allows client's videos to achieve exponentially increased traffic by placing the videos in a form of content on publishers' websites designed to target the demographic that the client desires to reach. They place relevant content on sites, which enable website publishers to monetize their web properties. Their service allows for distribution of videos on the biggest and most prominent blogs, social networks, and mobile apps. For more information, visit http://www.virool.com or follow them on Facebook, Twitter, or LinkedIn.
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