Visual Unity, a Prague, Czech Republic-based provider of an OTT platform and multiscreen solution, secured $7.2m (€5.2m) in funding.
3TS Capital Partners provided the capital and acquired a minority stake.
The company intends to use the funds to expand on a global scale.
Led by Tomas Petru, Founder and CEO, and and Tony Hasek, Chief Commercial Officer, Visual Unity provides vuMedia™, an OTT platform that delivers a live viewing experience on the web or any mobile or connected device – all of which can be deployed into existing workflows and business processes, enabling content owners and distributors to engage audiences on any screen and monetize their video assets over the Internet.
The company is based in Los Angeles, Munich, Prague, Moscow, Istanbul, Dubai, Hong Kong.