Digital Media Publishing Firm ThePlatform Raises $8 MillionAuthored by Mark Hefflinger on June 13, 2006 - 3:17am.
Seattle - ThePlatform, a provider of digital audio and video publishing technologies, announced that it has raised $8 million in its second round of venture capital financing. Spark Capital led the investment round; Generation Partners also participated. Seattle-based thePlatform's technology is used by nearly 50 content providers, including The Wall Street Journal Online, Comcast, Scripps Networks and National Geographic, to publish audio and video content over broadband and mobile networks. The company additionally announced that ABC News, Starz's Vongo and Amp'd Mobile have recently begun using its technology. ThePlatform will use the new funds to expand development of its digital media content management, syndication, advertising and mobile technologies.
http://www.theplatform.com/pdfs/Spark_Jan06_FINAL.pdfv |
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