Ostmodern, a London, UK- and NYC-based company that creates video platforms for entertainment companies, raised £2m in funding.
Puma Private Equity, the private equity division of Puma Investments, made the investment.
Led by Tom Williams, CEO, Ostmodern is a digital product design and technology business that creates innovative video platforms for entertainment companies including Formula One, Arsenal, Channel 4 and Fox.
The company intends to use the funds to accelerate the growth of its Skylark Platform, build out the team through new hires and introduce exciting new product features. Developed in-house, the Skylark Platform is the company’s CMS, VMS and API for content-first businesses.