Avvasi, a provider of mobile video monetization services, announced on Monday
that it has raised about $14 million in its second round of venture capital
financing, co-led by Celtic House Venture Partners and Tech Capital Partners.
New investor Ontario Emerging Technologies Fund also participated in the round,
proceeds from which will be used to accelerate the company’s product release
Waterloo, Ontario-based Avvasi provides mobile carriers with tools
that help them measure and monetize their mobile video services.