Munch, an AI-powered startup, raised $7.2M in seed funding to create short-form video from long-form content. It offers monthly and annual subscription plans and automates labor for 65% US and 25% international clients paying fees ranging from $49-$220/month.
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Edgio secures $66m in funding from Lynrock Lake Master Fund LP, exchanging existing notes for 3.5%/16% PIK convertible notes. New financing enables Edgio to meet strategic objectives, provide world-class solutions to customers and partners.
Read MoreEdgio, Inc. secures $66M investment from Lynrock Lake Master Fund LP, exchanging existing notes for 3.5%/16% PIK convertible notes due 2027. The new financing provides flexibility to execute their strategic plan and serve customers & partners.
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Sincera helps ad tech companies de-risk products by providing metadata to build and improve products. Founded by ex-TripleLift and LiveRamp employees, it charges a monthly $10,000 fee plus per-URL processing fee. Funding from NextView, AperiamVentures, LiveRamp Ventures, TD7 and angel investors help cover computing and personnel expenses.Sincera helps ad tech companies de-risk products by providing metadata to build and improve products. Founded by ex-TripleLift and LiveRamp employees, it charges a monthly $10,000 fee plus per-URL processing fee. Funding from NextView, AperiamVentures, LiveRamp Ventures, TD7 and angel investors help cover computing and personnel expenses.
Read MoreThe company’s AI-based codec aims to improve compression efficiency by 5X and reduce file sizes up to 50X. With flexibility and fine-grained process, it promises great results but may require large processors. It has raised $9M and received EU grants for further development.The company’s AI-based codec aims to improve compression efficiency by 5X and reduce file sizes up to 50X. With flexibility and fine-grained process, it promises great results but may require large processors. It has raised $9M and received EU grants for further development.
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Bob Chapek, former CEO of Disney, wanted to focus on direct-to-consumer business and merge digital and in-person entertainment. His vision didn’t last long as Robert Iger replaced him, saying that TV may not be core to the future.Bob Chapek, former CEO of Disney, wanted to focus on direct-to-consumer business and merge digital and in-person entertainment. His vision didn’t last long as Robert Iger replaced him, saying that TV may not be core to the future.
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Aditude raised $15M in Series A from Volition Capital for a cloud-based header bidding wrapper. It prioritizes speed, offering custom solutions, video ads, CMS updates and A/B testing to users. Expansion plans include growing the sales team, investing in marketing and acquiring other header bidding companies.
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VCs are interested in Generative AI for media tech companies, as it can save money and increases revenue growth. Debt financing is more difficult to access than in previous years. Equity financing requires businesses to have good unit economics and a path to self-sustainability. If companies use Generative AI APIs, they may potentially benefit and be seen as advantageous by investors.
Read MoreCaptions, an app that offers AI-generated subtitles as well as other video editing features, has raised a $25 million Series B funding round. The two-year-old company plans to use the funds to expand its team, build new features, and serve a growing audience that currently includes about 100,000 daily active users.
Read MoreCombining co-viewing and show-level viewership data will help introduce much-needed transparency to campaign measurement, said TVision CEO Yan Liu, who noted that buyers aren’t the only ones pushing for more transparency....
Read More“The company has also championed the use of cloud technology to optimise results for their broadcast and streaming partners globally,” he said “We look forward to partnering with the Amagi leadership team to further fast track...
Read MoreOther data platforms that provide measurement reporting run on an arbitrage model, meaning “they don’t share all of the underlying data with advertisers,” said Fairchild, who argued that this level of transparency is essential...
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