Honeycomb secures £3m in Series A funding led by Beringea for international expansion.
Beringea has led a £3m Series A round in advertising platform Honeycomb alongside high-profile industry angels.
Honeycomb provides a TV and video advertising management platform designed to automate and streamline media delivery processes.
Honeycomb has secured £3m in Series A funding led by venture and growth investor Beringea, with participation from industry angels including David Bell, Richard Jameson and John Spearman. The capital will support the advertising management platform as it scales into eleven new international markets, including the United States.
Created by the team behind Adstream, Honeycomb aims to remove inefficiencies and increase transparency in television advertising distribution. The company plans to use the latest funding to maintain its recent commercial momentum following its formal launch in August.
From the founder
"The investment from Beringea serves to endorse our approach, our strategy and our overall goals,"
James Carpenter
Founder at Honeycomb
Use of funds
- 01Expand into international markets
