The round was led by New York-based Marker LLC, with participation from Tim Draper’s Draper Associates and PROfounders Capital. In conjunction with the funding, Rick Scanlon of Marker will join younity’s board.
The company, which has raised $11.25m in total funding, intends to use the funds to continue to improve app capabilities, hire team members in Encinitas, Calif. and Boulder, Colorado, and expand offices.
Led by Erik Caso, co-founder and chief executive officer, younity allows consumers to unify all media (TV, photos, video and music) across all devices and computers. Users can stream, access or share media anytime, from any device, via four apps available for download on iPhone, iPad, Windows and Mac.
In the last six months, younity has unified over 1.4 billion files representing more than 9.5 PBs of data that is streamed directly between user devices.
The service is owned by Entangled Media.
FinSMEs
03/12/2015