Amagi Secures $95M

NEW YORK, NY, Amagi, a starting building cloud-based SaaS technology for broadcast and connected TV, has raised a new $95 million funding round led by Accel. Amagi, a starting building cloud-based SaaS technology for broadcast and connected TV, has raised a new $95 million funding round followed by a 108% YoY growth in revenues. This latest investment brings Amagis valuation to more than $1 billion. Amagi enables content owners to launch, distribute and monetize live linear channels on Free Ad-supported Streaming TV and video services platforms. Amagi also offers 24x7 cloud managed services bringing simplicity, advanced automation, and transparency to the entire broadcast operations.