Medal Raises $13M in Funding at $333M Valuation
Summary
Medal, a NYC-based AI company providing the MedalTV clipping app, raised $13M in funding, at $333M valuation. The company intends to use the funds to expand operations and its business reach. Led by Pim de Witte and Josh Lipson, Medal provides a platform for sharing short-form gaming content that is used by gamers to share moments with friends. With the help of acquisitions, including Middle Eastern game streaming platform Rawa.tv and mobile SDK startup Megacool.co., and Gif Your Game, Medal has been able to expand globally and offer its clipping technology across PC, console and mobile. The company also announced the launch of Highlight whose key features included: • Ability to publish web apps as natively running assistants in under a minute