New York – Invision, a developer of software that supports
the ad sales and traffic processes for cable networks, broadcast networks and
television syndicators, announced on Wednesday that it has raised $6 million in
venture debt financing from Wellington Financial.
The company said it has also
secured a new $2.5 million credit line from Silicon Valley Bank.
1993, New York-based Invision says its platform is used to manage over $13
billion in television advertising revenue each year.
The new funding will
support Invision’s development and launch this year of its DealMaker Crossroad integrated
sales and commercial operations platform, and DealMaker Digital ad sales
planning and management system.