PHXX Receives $250K in Funding from Alfalak Electronic Equipment & Supplies Co.
PHXX, a Longwood, Florida-based platform development company with expertise in over-the-top video (OTT), new media, and gaming services, recently received $250k in funding from Alfalak Electronic Equipment & Supplies Co.
Alfalak, a provider of technology-based end-to-end solutions in the Middle East, has invested this sum to support this OTT initiative to provide consumers in the area with content and easy to use applications across a variety of mediums.
Led by CEO and President Shane Robinett, PHXX focuses on the deployment of video-on-demand (VOD) and over-the-topology (OTT) solutions, media portal production and management, and online gaming portal services.
The company’s products platform multi-screen content delivery for TVs, tablets, smart phones, and PCs around the world.