Dynamic Broadcast, a broadcast systems integrator and provider of the MediaLounge OTT platform, has raised €1 million in Series C funding.
The company, which was formerly named Visual Unity Global, said it will use the new cash to add modules for the MediaLounge OTT video platform and launch MediaLounge Corporate – a solution for video production, management, and distribution for corporate and intranet use.
“Dynamic has made great inroads in the Asian, North American and African markets with our powerful OTT/VoD/Streaming platform, but now it is time to add a robust corporate video solution,” said Dynamic Broadcast CEO Arnd Froehlich.
Dynamic Broadcast’s management, private investors and the firm’s existing majority investor, 3TS Capital Partners, participated in the new funding round.
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