JW Player Receives $20M in Series C Funding
Summary
JW Player, a NYC-based online video platform, received $20m in Series C funding.The round was led by Greycroft Growth and Greenspring Associates with participation from Cue Ball Capital and e.ventures.The company intends to use the funds to expand its sales, marketing, product, and engineering initiatives, and add to improve its software-as-a-service platform.Founded as an open-source project by Dave Otten, CEO, and also led by Chris Mahl, President, JW Player is today live on more than 2 million sites with 9 billion video streams to 900 million monthly unique viewers across all devices — phones, tablets, and desktops.Today, customers span the globe across 193 countries and range from Fortune 500 companies to individual bloggers.
Funding
Amount
$20.0M
Total raised
Date
September 17, 2014
Announcement date
Investors
Cue Ball, Greenspring Associates, Infinity Ventures Japan
Lead investors
Company
http://www.jwplayer.com
Funded company
Classifications
industries
No industries detected
applications
Anti Piracy
AskAI Classifications
Labels
Video Streaming Software
SaaS Video Platform
Video Monetization Software
Linked Companies
JW Player
$50M to $100M