PlayBuzz, a NYC-based online content engagement platform, secured $16m in Series B funding.
The round was led by 83North with participation from Saban Capital, Carmel Ventures and FirstTime Ventures.
The company intends to use the funds to expand global operations (is opening offices in Asia and Europe), enrich the variety of formats available on the platform and give online publishers extended authoring, distribution and monetization capabilities.
Founded in 2012 by Shaul Olmert and Tom Pachys, PlayBuzz provides an online content engagement and social distribution platform that enables publishers, bloggers, marketers and brands to connect with audiences through interactive storytelling in formats such as quizzes, lists, surveys, ranking, etc. on any website or mobile app.