Tubi raises US$25m, plans international expansion

US-based streaming service Tubi has announced plans to launch in additional international territories this year after closing US$25 million in funding. The advertising-supported video-on-demand service is currently available in the US and Canada and said that it will announce its first new market launch this quarter as part of an “aggressive” expansion plan. The news […]

Simplestream raises £500,000 for US, Europe expansion

UK-based multiscreeen TV technology company Simplestream has received £500,000 in funding from Clydesdale and Yorkshire Bank’s Growth Finance team. The company said it will use the finance to help expand internationally, with plans to create a presence in the US and mainland Europe. “It’s a hugely exciting time for us and the new funding will […]