Funding round led by Index Ventures, Index Partner Dominique VidalJoins Outbrain Board Outbrain
, the leading content discovery platform, has announced that it has closed its Series D round of funding of $35 million, bringing its total financing to $64 million. Index Ventures led the round with participation from Outbrain’s existing investors: Carmel Ventures and Lightspeed Venture Partners.
As Outbrain extends its presence in both the online video and mobile web markets, the funding allows the company to accelerate its product line while further investing in business development and global expansion.
Also announced today, Dominique Vidal, partner at Index Ventures, will be joining Outbrain’s Board of Directors. Dominique brings with him more than 20 years of experience, including his previous roles as CEO of Yahoo! Europe and founder of Kelkoo.
Outbrain’s content recommendations are viewed more than 3.5 billion times each month, generating more than 200 million monthly clicks to high quality content across the leading publisher sites on the web. Outbrain’s global publisher roster includes CNN, Fox News, Future Publishing, Hearst, Hachette Filipacchi Media, IPC, Mashable, MSNBC, Reuters UK, Sky News, Slate, Trinity Mirror and Ziff Davis. Outbrain also works with several key brands and agencies including Digitas, Mindshare, P&G, Allstate and American Express.
“Outbrain presents a solution to a problem that online media has been facing since the Internet brought content to the web. Their continued success and vision makes the company an attractive addition to Index’s portfolio,” said Dominique Vidal, partner at Index Ventures. Read the full press release Outbrain is an AOP Associate Member
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