Clearleap Closes $20M Funding

clearleap_logoClearleap, an Atlanta, Georgia-based provider of multiscreen video logistics for the television industry, closed a $20m round of funding.

The round, which brought the total financing to $36m, was led by Susquehanna Growth Equity with participation from existing investors Trinity Ventures and Noro-Moseley.

The company intends to use the funds to to further accelerate its domestic and international expansion following its recent launch into the European market.

Led by CEO Braxton Jarratt, Clearleap provides content owners and television providers with a multiscreen platform to enhance their existing video services while developing new ones. Customers include HBO, Verizon, Time Warner Cable, the Food Network, and Travel Channel.
The company, which also has offices in NYC and San Francisco, and a European headquarters in Amsterdam, Netherlands, plans to other 150 new employees in the next 18 months.



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