CuriosityStream raises US$140 million for ‘next phase of growth’

CuriosityStream, the factual streaming service launched by Discovery Channel founder John Hendricks, has raised US$140 million to fund the company’s “next phase of growth”. The US-based subscription video-on-demand service said it would use the investment to market the service globally and advance its content discovery technology. It also plans to increase spend on “world-class factual programming”. […]

Live sports VR platform LiveLike raises US$9.6 million

LiveLike, a technology company focused on offering live sports in virtual reality, has raised US$9.6 million in Series B funding. LiveLike’s live streaming platform is designed to transport users into an interactive 360° ‘virtual suite’ overlooking the field of a featured sport event, where users can connect with friends or other fans to watch the game […]

Pokemon Go creator Niantic raises US$200m

Niantic, the augmented reality (AR) gaming company behind Pokemon Go, has raised US$200 million in funding. The news, which was reported first by the Wall Street Journal, comes in the same month that Niantic announced it has partnered with Warner Bros. Interactive Entertainment and WB Games San Francisco’s development team to create Harry Potter: Wizards Unite. […]

Pixvana raises US$14m for VR video platform

Virtual, augmented and mixed reality video company, Pixvana, has raised US$14 million in Series A funding. The Seattle-based software startup’s aim is to “enable anyone to create and distribute next-generation video experiences” and it is building a cloud-based storytelling platform called SPIN Studio. The funding round was led by Vulcan Capital with participation from new […]

Video creation platform VidMob raises US$7.5m

US-based video creation network and platform, VidMob, has raised US$7.5 million in Series A funding. VidMob said the new funds will be used to: grow staff numbers across its four offices in Los Angeles, New York, Chicago, and Massachusetts; expand its technology capacity and tools; and to continue to partner with agencies and brands. VidMob’s […]

Netflix raises US$1.6 billion to support content spend

Netflix has announced plans to raise US$1.6 billion from investors, a week after the SVOD giant said it plans to spend US$7-US$8 billion on content in 2018. Netflix will raise the cash through a bond offering, with the senior notes due to mature on April 15, 2028, unless earlier repurchased or redeemed. In a statement, […]

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 […]

Blend Media raises £1.5m for VR expansion

London-based 360˚ video specialist and Facebook partner, Blend Media, has raised £1.5 million (€1.7 million) in a third round of funding. The company, which has partnered with Facebook earlier this year to bring more immersive video content to the social platform, said it will use the cash to further develop its platform and expand its […]

OTT data firm Conviva raises US$40m in funding

Conviva, a data intelligence firm that works with clients like Sky, HBO and Turner, has raised US$40 million in funding.  Existing backers Time Warner Investments, Foundation Capital and New Enterprise Associates (NEA) all participated in the round, alongside new investor, Future Fund. Conviva said it would use the cash to grow internationally, expand all global […]

Tubi TV raises US$20 million in funding

Ad-supported video-on-demand service, Tubi TV, has raised US$20 million in Series B funding. ‘Expansion stage’ venture firm Jump Capital led the round, with participation also coming from new investor Danhua Capital and return backers Cota Capital and Foundation Capital. The Wall Street Journal first reported news of the financing, which was confirmed on Twitter by Tubi […]