8 Enterprises Inc., a NYC-based premium content sharing platform, raised $4.2m in seed funding.
The round was led by Boris Jordan of The Sputnik Group and Frederick J.Warren of Sage Venture Partners.
Led by Sue Fennessy, founder and chairman, 8 provides a premium content sharing platform that allows content creators to own, control and profit from everything they upload. Its customizable interface that allows people to share, monetize, and directly donate to causes if they choose. 8 has just launched with a list of over 250 influential content partners including television networks, musicians, actors, visual artists, athletes, fashion designers, activists and philanthropists.
Content partners include Usher, Donna Karan, Jamie Oliver, Patricia Arquette and Keep A Child Alive/Alicia Keys.
8 is currently in closed beta on the Web and mobile web. A native iOS app is launching in December 2014, followed by Android and the ad marketplace in early 2015.