Boxfish, a Palo Alto-based video discovery startup, raised $7m in Series B funding.
The round, which brought the total amount raised to date to more than $10m, was led by Atlantic Bridge, with participation from strategic investor Samsung and existing investors T-Venture and Naya Ventures.
The company intends to use the funds to hire new people and expand into new markets following the launch in the U.K..
Founded in 2010 by Eoin Dowling, CEO, and Kevin Burkitt, CTO, Boxfish provides technology that captures words spoken on television, processing the data in real-time, to create a new discovery layer for live TV.
The technology is being used on mobiles, tablets, TVs and set top boxes to create products like search, live alerts and trending topics for TV. The company works with AT&T, DirecTV and TiVo to create data and user experiences and provides its API to over 100 third-party developers.