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Atmosphere Raises $100M In Funding To Accelerate Global Expansion

Jan 04, 2022•almost 4 years ago

Amount Raised

$100 Million

Austin

Description

Atmosphere (www.atmosphere.tv), the worldwide leader in streaming TV entertainment for businesses, today announced a new $80 million Series C funding round, led by Sageview Capital with participation from existing investors, Valor Equity Partners and S3 Ventures, as well as a $20 million debt facility provided by Bridge Bank. In total, the company has now raised over $140 million. As part of this latest round, Dean Nelson, Senior Partner at Sageview, will join the company’s board of directors and Roberto Avila, Principal at Sageview, will join as a board observer.

Company Information

Company

Atmosphere

Location

Austin, Texas, United States

About

Atmosphere is a free streaming multi-channel platform for businesses offering 64 original and partner TV channels licensed for commercial venue usage. Atmosphere also provides value-added features for venue operators including a digital signage feature for businesses to run their house promotions within the content. The platform was developed using proprietary content, technology and data to deliver unparalleled experiences for businesses, consumers and advertisers. The business was incubated within Chive Media Group and spun out in 2019. For more information, visit www.atmosphere.tv.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech