Mediamorph Raises $21 Million Series C Round
Mediamorph, a leader in streamlining the Media & Entertainment digital media supply chain, has closed a $21.2 million Series C financing. The financing was led by Advance Vixeid Partners and by senior advisors to Lee Equity Partners including Bob Wright and Barry Baker. Smedvig and Liberty Global Ventures also participated in the financing.
The new capital will be used to expand Mediamorph’s award-winning technology platform and to grow the organization to meet soaring demand. Mediamorph’s cloud-based enterprise software and data management platform streamlines the digital media supply chain, helping companies manage contracts and content rights, track content consumption, and enable data-driven decisions to maximize revenues. All of Hollywood’s major studios, as well as the country’s leading television networks and largest video service operators rely on Mediamorph’s solutions.
Mediamorph’s newest board members include Nomi Bergman, President of Advance/Newhouse Partnership and former President of Bright House Networks, Bob Greene, Managing Director, Liberty Global, and Barry Baker, Senior Advisor to Lee Equity Partners.
Barry Baker, Senior Advisor to Lee Equity Partners said:
“We are thrilled to become investors in Mediamorph. The company is experiencing remarkable growth, and we see tremendous opportunity for the company’s new products and solutions. Customer feedback about the company’s solutions has been incredible.”
Rob Gardos, CEO of Mediamorph said:
“In the last 24 months, we have made tremendous progress in advancing the capabilities of our platform. This investment will help us to accelerate our growth and will enable Mediamorph to deliver even more value to our customers.”
Originally published at www.smedvigcapital.com on September 6, 2016.