LiveRail Raises $500k For Video Ad Server

LiveRail, a developer of technology for video advertising, has raised $500k from Pond Ventures. The raise brings the company’s total funding to about $1 million, according to NTV. The company previously sought to build an online video marketplace, but has since abandoned that strategy in favor of licensing its technology. With this raise, the company announced the availability of Junction, free software to help publishers manage relationships with advertisers. Release.