Oct 29

Local Investors Inject MediaFly with $1.3M in Closed Financing

Funding Rounds

▤ Summary

Manual tools such as flash drives and cloud based storage boxes vary in reliability, and also lack the security necessary for housing and accessing sensitive files. Packaged as a Mobile Applications as a Service (MAaaS), Mediafly ties into a company’s backend, giving employees around the world a secure portal through which to access their existing content through the cloud. Due to the strength of its products — ProReview, which serves the TV and movie industry, and SalesKit, which is used by sales and marketing teams — Mediafly quietly locked in $1.3 million in closed financing from eight Angel investors, including two priors, in early October. “I have to say that earning the attention from people who have run enormously successful national and global businesses based in Chicago is inspiring, as this is what we are doing,” Conant says. Inspired by the likes of Salesforce, Workday and SuccessFactors, he wants new products such as Mediafly’s web viewer, which will change the way clients securely share and view content, to further stimulate his business.