TVbeat Secures $2M
TVbeat, a London, UK-based startup that provides real-time television ratings, secured $2m funding.
Backers included Episode 1 and Czech-based Credo Ventures.
The company intends to use the funds to expand its presence in new markets and further develop its platform.
Led by Robert Farazin, founder, TVbeat is developing a big data, real-time TV analytics solution that uses live data from connected set top boxes and other connected devices, turning millions of customer interactions into actionable insights across any pay TV platform, including cable, satellite, VOD and OTT, as well as IPTV.
Potential customers include pay TV operators, broadcasters, agencies and advertisers.
The company took part in the 2013 summer TechStars start-up accelerator.