Channel M Raises $6M

Los Angeles-based Chammel M said Friday morning that it has raised $6M in an investment round led by Ascend Venture Group. Vintage Capital also participated in the funding. Channel M operates an out-of-home network of video screens that combines content and advertising. Bill Apfelbaum of Titan Outdoor joins the firm's board of directors; Apfelbaum is Chairman and CEO of TDI, and is a long term investor in Channel M. More information »