Quickplay Secures C$57M

Funding Rounds

Summary

Quickplay, a Toronto, Canada-based provider of a managed video platform, secured Canadian $57m in growth capital.Backers included private equity owner Madison Dearborn Partners, Orix Ventures and Difference Capital Financial.It has become a large provider of linear over-the-top (OTT) TV distributing 700 channels and 4,000 live events each year.The company has launched multiscreen video services for Verizon, AT&T, Rogers, Bell and TELUS.On March 4, 2015, Quickplay acquired Roundbox to monetize engaging premium viewing experiences on any device or mobile network by using multicast (one-to-many), and unicast (one-to-one) technologies (read here).

$ Funding

$
Amount $45.6M Total raised
Date March 26, 2015 Announcement date
Investors Madison Dearborn Partners LLC, ORIX Ventures, Difference Capital Financial Inc. Lead investors
Company http://www.quickplay.com Funded company

Classifications

industries
Entertainment
applications
Web and Content Management

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Linked Companies

Quickplay
$5M to $10M