Leading Media Saas Company Amagi Achieves Over 100% Yoy Growth, Secures $95 Million Investment In A Unicorn Round

Mar 16, 2022•over 3 years ago

Amount Raised

$95 Million

Media And EntertainmentContent And Publishing

Description

Amagi, a global leader in cloud-based SaaS technology for broadcast and connected TV, today solidified its position as the most preferred media SaaS company with a new $95 million funding round followed by a 108% YoY growth in revenues. This financing round was led by Accel with participation from existing investors Norwest Venture Partners and Avataar Ventures.

Company Information

Company

Amagi

About

Amagi is a next-generation media technology company that provides cloud broadcast and targeted advertising solutions to broadcast TV and streaming TV platforms. Amagi enables content owners to launch, distribute and monetize live linear channels on Free Ad-supported Streaming TV and video services platforms. Amagi also offers 24x7 cloud managed services bringing simplicity, advanced automation, and transparency to the entire broadcast operations. Overall, Amagi supports 650+ content brands, 800+ playout chains and over 2000 channel deliveries on its platform in over 40 countries. Amagi has presence in New York, Los Angeles, Toronto, London, Paris, Singapore, broadcast operations in New Delhi, and an innovation center in Bangalore.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Leading Media Saas Company Amagi Achieves Over 100% Yoy Growth, Secures $95 Million Investment In A Unicorn Round

Description

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Funding Insights

Company Information