Haystack TV Completes $2M Funding Round

haystack-tvHaystack TV, a Redwood City, CA-based OTT streaming service, raised $2M in funding.

Backers included:
– Zorlu Ventures,
– AltaIR Capital,
– SVLinks, and
– Stanford StartX Fund.

The company intends to use the funds to accelerate partnerships and customer growth in the U.S. and Europe.

Launched in 2015 by Daniel Barreto, CEO, Haystack TV provides an OTT streaming service offering a free, aggregated news stream that brings together local, national, and international news. Its personalization and big data technology enables a tailored news experience for each user based on their unique interests.
The service is available on the web, Android and iOS devices as well as Roku, Android TV, Chromecast, Apple TV, Amazon Fire TV, and Vizio TVs.

The company currently provides local news to over 80% of the U.S. through partnerships with premium news content providers such as CBS Local, Cox Media Group, Gray, Hearst, Meredith, Scripps and weather specialist Praedictix.



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