TidalTV announces the closing of $15 million in Series A funding led by New Enterprise Associates and Valhalla Partners. This funding will enable the company to accelerate the development of the TidalTV platform and expand and enhance its available programming. TidalTV offers consumers free and instant access to professionally produced online video programming via its streaming, browser-based platform.

TidalTV’s seed financing was provided by Scott Ferber, co-founder of AOL’s Advertising.com and current chairman of TidalTV. TidalTV’s executive staff also includes Chief Executive Officer Mollie Spilman, former chief sales and marketing officer of Advertising.com; Chief Revenue Officer Brad Elders, former senior vice president of North American sales for Internet television provider Joost, and Chief Content Officer Bob Quicksilver, former president of network distribution at FOX Broadcast Company.