Samba TV has secured up to $60 million in venture debt to develop its AI-powered advertising tools and fund a potential acquisition spree, as first reported by Axios. The deal, which starts with an initial $30 million, is an offensive move to arm the company for a more dominant role in post-cookie advertising measurement.

This round of funding positions Samba TV to more aggressively compete in the race to define the future of TV measurement. With a clear focus on AI and a history of strategic acquisitions, the company is betting it can carve out a crucial role as the industry moves beyond traditional advertising models. The move is led by a CEO with deep roots in disruptive tech, as Samba TV co-founder Ashwin Navin was previously the co-founder and president of BitTorrent. Meanwhile, the deal features prominently on the investor's news hub, signaling its commitment to financing companies in the evolving media technology sector.