Make.TV, a Cologne, Germany-based cloud live video acquisition and management solution, raised an initial $US8.5m round of funding.
The round was led by Voyager Capital with participation from Microsoft Ventures, Vulcan Capital, Arnold Ventures, German High-Tech Gründerfonds (HTGF), MediaVentures, Wellen+Nöthen Ventures and dimensional Ventures as well as angel investors Andy Liu, Sanjay Reddy, and Raazi Imam. As part of the funding, Erik Benson, General Partner at Voyager Capital, will join Make.TV’s board along with Bruce Chizen, former CEO of Adobe Systems.
Led by Andreas Jacobi, CEO, and Jonathan Wilner, formerly VP of Product & Strategy at Telstra’s Ooyala, who has just joined as Chief Marketing Officer, Make.TV provides Live Video Cloud, which enables broadcasters, content rights holders and online publishers to acquire and curate user-generated and professionally produced live video from any source including mobile devices and social platforms.
Customers use the platform to curate content from unlimited live and near-live video sources in real-time. Publishers of all types monitor incoming live feeds, and communicate with their contributors via intercom or chat, while routing and delivering programming to their audiences anywhere, through any broadcast channel, social or OTT network. Media and technology companies such as eSports broadcaster ESL, BAMTech/MLB, Viacom, FOX Sports Brasil, RTL2, SWR and BR, and Swiss public broadcaster SRF are among the customers utilizing Live Video Cloud.
As part of the funding, Make.TV is opening its headquarters in Seattle, WA; offices in Los Altos, CA; and expanding engineering and customer support in Cologne, Germany.