Frequency, a Los Angeles, CA-based internet video service for television, mobile and over-the-top operators, closed an $11m equity financing.
Backers included Liberty Global, YOU On Demand (NASDAQ:YOD) and Oakmont Corporation.
The company intends to use the funds to accelerate growth, including international distribution, and develop its platform.
Led by Blair Harrison, CEO, Frequency provides a cloud-based video distribution platform to over 100 million subscribers for TV, mobile and over-the-top operators around the world. It also provides distribution services for over 120 content providers, including Multi-Channel, TV and digital video networks.
FinSMEs
10/06/2016