NEW ID Secures $705 Thousand in Latest Series B Funding Round

NEW ID secured $705 thousand in its latest Series B, adding another data point to the FinTech funding market.

NEW ID Raises $705 thousand in Funding

NEW ID lands $705K Series B to double CTV ad business. Balanced against those risks is a conversion format that can reduce investment to under $760,000, a corporate infrastructure that provides purchasing leverage [PDF] AGENDA - Algonquin College.

Investors Behind the Funding

The round was backed by the original on 30 October 2014. Capvizr tracks this investor activity alongside sector momentum, co-investor patterns, and recent comparable raises.

Company Profile and Market Context

NEW ID operates in FinTech. NEW ID's financing adds to recent private-market activity.

Strategic Use of Funds

double CTV ad business

Looking Ahead

NEW ID lands $705K Series B to double CTV ad business

Source reference: original announcement/article.