Atmosphere Raises $10M in Series A Funding
Summary
Atmosphere , an Austin, Texas-based ambient TV entertainment platform, closed a $10m Series A financing round. In conjunction with the funding, S3 Ventures Partner Charlie Plauche will be joining the board as part of the financing. In addition to the content, the platform allows venues to run promotions on their TVs that drive customer engagement and behavior. The company’s flagship channel, CHIVE TV, is currently streaming in over 4,300 restaurants, bars, gyms and other venues. The business, incubated under Chive Media Group and spun out in 2019, monetizes through SaaS fees and advertisements.
Funding
Amount
$10.0M
Total raised
Date
April 24, 2019
Announcement date
Investors
-
Lead investors
Company
http://www.atmosphere.tv
Funded company
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
No AI classifications detected