Cleeng, an Amsterdam, The Netherlands-based provider of video e-commerce solutions for broadcasters, raised €5M in Series B funding round.
The round was led by Dutch venture capitalist firm Walvis, joined by current investors C4 Ventures.
The company intends to use the funds to increase its sales and marketing efforts, broaden its partner network and further invest in research and development.
Led by Gilles Domartini, founder and CEO, Cleeng provider of video e-commerce solutions allowsing broadcasters to sell live and on-demand video, direct to consumers. With the advanced analytic capabilities, broadcasters have a 360˚ view of the end-user journey, along with analytics that enable more precise data-driven business decisions.
Its Subscription video on demand (SVOD) and Pay-Per-View solutions are used by market-leading brands like Foxtel, France Télévisions, Golden Boy Promotions, McFit, NHRA, and Sinclair Broadcast Group.
The Cleeng platform and APIs are built for scalability and are integrated with the leading streaming and front-end providers.