Amagi tunes into $100M for cloud-based video content creation, monetization

Amagi tunes into $100M for cloud-based video content creation, monetization

2 years ago
Anonymous $drS9DEX_Sj

https://techcrunch.com/2021/09/10/amagi-tunes-into-100m-for-cloud-based-video-content-creation-monetization/

Media technology company Amagi announced Friday $100 million to further develop its cloud-based SaaS technology for broadcast and connected televisions.

Accel, Avataar Ventures and Norwest Venture Partners joined existing investor Premji Invest in the funding round, which included buying out stakes held by Emerald Media and Mayfield Fund. Nadathur Holdings continues as an existing investor. The latest round gives Amagi total funding raised to date of $150 million, Baskar Subramanian, co-founder and CEO of Amagi, told TechCrunch.