Hot Stockholm startup and SIME friends VideoPlaza that supplies online video with an ad platform announced today that they have taken investment from VC firm Creandum and business angels Henrik Torstensson and Magnus Hultman.

VideoPlaza provides tools for advertising around online video. Kanal 5, their first customer, turned their web tv service profitable very quickly using the VidePlaza ad platform. VideoPlaza says they will use the money to focus on scaling and moving to markets outside Sweden.