TriPlay Secures $11M

TriPlay, a New York and Israel-based personal cloud company, secured $11m in funding.

Backers included funds managed by affiliates of Fortress Investment Group LLC (NYSE: FIG) as well as existing investors Kenges Rakishev and Tamir Koch, TriPlay founder and CEO.

The company intends to use the funds to expand its marketing efforts, accelerate its research and development and grow their existing base.

TriPlay has developed MyMusicCloud and MyDigipack, which are cloud applications that provide users with free unlimited storage and access to their music, photos and videos on any device, operating system, file format and network anywhere.



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