Dynamic Broadcast Secures Additional 1 Million Funding Round

Date: 18/09/2015
Dynamic Broadcast Secures Additional 1 Million Funding Round

Dynamic Broadcast, (formerly Visual Unity Global), a leading Broadcast Systems Integrator and provider of the MediaLounge¢ OTT platform, is pleased to announce it has secured a Series C funding round of 1,000,000.

 

Raised with the participation of management, private investors and 3TS Capital Partners, Dynamics existing majority investor, this round of funding will be used to complete innovative additional modules for the MediaLounge¢ OTT video platform and to 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," says CEO Arnd Froehlich. "Modern corporations are ready to implement knowledge based video training. Creation of that video knowledge resource, then management and distribution becomes a headache. MediaLounge¢ Corporate will make these concerns disappear, and save corporations significant amounts on training and video management."

 

"This funding round demonstrates a lot of confidence in Dynamic and the MediaLounge¢ product," says Daniel Lynch, Managing Partner of 3TS. "When management and ownership are willing to bet big on the future of the company you know they have the confidence they need to create world leading innovative products. Were very supportive of Dynamic and we hope our clients will recognize this."

 

 

 

 

 



Tags: Dynamic Broadcast | MediaLounge | 3TS Capital Partners | OTT
Submitted by Sue Sillitoe (White Noise Public Relations Ltd)
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