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Virool snags $12 million for its video advertising managing tool

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Native video advertising startup Virool announced today that it sealed a $12 million investment led by Menlo Ventures, Thomvest Ventures, and Yahoo Japan.

The new funding, Virool said, will be used to “further accelerate its presence in the global advertising market.”

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Virool’s marketing tool allows users to manage, design, and monitor their video advertising campaigns.

Flint Capital and 500 Startups also participated in the latest investment, which adds up to at least $18.6 million raised by Virool since its seed round in 2013.

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