MassChallenge alum ViralGains raises $7.7M to expand video ad-tech

ViralGains, a Boston video advertising startup and former MassChallenge award-winner, has raised $7.7 million as part of an investment round that could grow to more than $12 million.

The company plans to spend the money on hiring new employees in sales, marketing, and development this year, doubling its roughly 25-person employee base as it attempts to add clients well beyond the Boston market.

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