SnagFilms raises $8M for OTT service ViewLift

Roshan Dwivedi Published on : 08 April 2016

SnagFilms has raised $8 million funds for ViewLift, its OTT business. It launched its Apple TV app, which will have 100s of free TV shows and indie films. It is supported on 28 mobile platforms. According to Crunchbase, SnagFilms had raised $22.47 million in the last 3 rounds which was used to build the news site Indiewire.com. It was later bought off by Penske Media Corp. (Variety’s parent company). Considering the growth in OTT, this $8 million funds is “the first raise we’ve done exclusively for ViewLift,” said CEO Rick Allen.

Source: Variety

Written by: Roshan Dwivedi

Add your comment

Leave a Reply Cancel reply

Try Muvi One free for 14 days

No Credit Card Required

.muvi.com

Your website will be at https://yourname.muvi.com, you can change this later.

I agree to Muvi's Terms & Privacy Policy.

Upcoming Webinar

December 20

8:00AM PST

Exploring SSO and its Advantages for your Websites/Apps

To use multiple applications & managing your access at one place, SSO is the solution of the current time. In this insightful webinar session we would cover the importance of SSO in access management, aligning multi-factor authentication (MFA) and also explore user/device policies. In short, in this webinar you will get a complete picture of the security and efficiency benefits of implementing SSO.

Things the webinar will include: