Automated ad management startup raises $3 million in seed funding

Multichannel is a fully-automated cloud-based ad management startup that uses algorithms to manage online advertising campaigns across different channels and search engines. The company has raised over $3 million in seed funding which will speed up its development and bring it closer to its goal to help marketers fully automate their online advertising so they can focus on developing campaigns.

Multichannel wants to help marketers fully automate their online advertising so they can focus on developing campaigns instead of staring at software dashboards all day. Based in Hong Kong and the U.S., Multichannel has raised $3 million in seed funding from investors including founder Dmitry Fedotov, the Hong Kong Government, angel investor Kevin Ng and a venture capital firm that wants to remain undisclosed.

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