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Molten Raises $7 Million Seed Funding From Top Hollywood & Tech Investors To Modernize Internal Operations Of Media Companies

Molten Raises $7 Million Seed Funding From Top Hollywood & Tech Investors To Modernize Internal Operations Of Media Companies

10/21/21, 7:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgcambridge
Money raised
$7 million
Round Type
seed
Video content consumption is increasing rapidly across streaming platforms, territories, and licenses globally. Media companies therefore face the challenge of efficiently licensing, distributing, and accounting for more content and revenue streams than ever before. Built for the pre-streaming era, existing tools to manage internal processes tend to fragment operations, limiting the scalability of media businesses and subjecting them to higher costs and legal risk.

Company Info

Company
Molten
Location
cambridge, maryland, united states
Additional Info
MOLTEN is a unique cloud-based platform that modernizes internal operations of media companies, across rights, content and financials. MOLTEN was built by a team from MIT along with media industry executives and leading tech advisors. The company was founded in 2018 and has closed $7 million in seed funding, with investments from top firms and Hollywood and tech luminaries. For more information, visit https://moltencloud.com/.