Tvinci, a Tel Aviv, Israel-based Pay-OTT Platform provider, has raised $4.5m in funding.
The round was led by existing investors Kaedan Capital and Zohar Gilon, and new investor Trellas Enterprises.
The company intends to use the capital to develop its OTT 2.0 Platform and expand into new markets (in Asia, Latin America and the US.
Formed in 2007 and led by Ofer Shayo, CEO, Tvinci provides a platform that enables customers – TV operators, telcos and media companies – to create a personalized, social TV experience for end-users consuming content across various devices such as smartphones, tablets, connected TVs, set-top boxes, etc.
The company has deployed its platform for brands such as Liberty Global, Orange, Elisa and others worldwide.
Tvinci is currently hiring (http://tvinci.com/careers).