in Ontario, Ottawa, Startups, Venture Capital

Overlay.TV lands a $4,600,000 Series A

Overlay TV LogoCeltic House Venture Partners, EdgeStone Capital Partners and Tech Capital Partners announced today a Series A investment of $4,600,000 in Overlay.TV.

The company, based in Ottawa, is building out an internet video-advertising platform that allows viewers to interact with online video, and enables content owners and distributors to monetize videos. Videos stream from their original location (e.g. youtube) and viewers are able to opt-in to receive overlays with contextual information and links (e.g. affiliate shops).

Stay tuned for a full review following the official launch February 14, 2008.

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