MediaPlatform, Inc., a Los Angeles, CA-based enterprise video and webcasting platform for corporate communications, training and collaboration, closed on a $12m round of growth equity.
The round was led by TVC Capital with follow-on participation from existing investors Barshop Ventures and Jim McGovern, MediaPlatform’s CEO.
The company intends to use the funds to accelerate growth. In conjunction with the funding, Jeb Spencer and Mykel Sprinkles of TVC Capital will join the company’s board of directors.
Led by McGovern, CEO, and Mike Newman, recently hired president, MediaPlatform provides an enterprise video and webcasting platform for internal and external communications, training and collaboration for organizations to apply video communications to enhance customer and employee experiences.
The integrated platform also provides enterprises with a list of powerful third-party integrations for Microsoft SharePoint, Cisco WebEx, Salesforce CRM, Learning Management Systems, Video Conferencing Units, Jive, Yammer, and more.
Customers include Abbott Laboratories, ConocoPhillips, Ericsson, Facebook, General Motors, EY, Mattress Firm and UL.