Digital Signage Central

Stratacache, the privately held digital signage software specialist, has assembled a $25 million fund to target technology and media acquisitions in the digital signage market. The company is particularly looking for complimentary solutions that will bolster its ActiVia software product.

CEO Chris Riegel feels that there are many early stage companies in the market with good products and a handful of customers that are under real pressure, commenting that, “Although the out-of-home advertising segment is one of the fastest growing segments in the industry, many venture-backed or privately held companies were expecting unrealistic growth in the short term and are now running into significant financial difficulty.”