Copenhagen-based video advertising company GoViral has secured €6.5 million from technology growth investors Kennet Partners.

Copenhagen-based video advertising company GoViral has secured €6.5 million from technology growth investors Kennet Partners.

Jimmy Maymann, CEO of GoViral, says: ‘GoViral already has a strong position within the digital advertising space, and this investment positions us well to scale the business to respond to the opportunity.’

Kennet has over $500 million under management, its investment in the 50 person-strong advertising company is its fourth one so far this year. Michael Elias, managing director of Kennet, adds: ‘We are excited about the prospects for GoViral. It is an established business, fast-growing and profitable, with a global market opportunity.’