Wildmoka raises $8 million in Series A funding led by Alven
By Community | February 1, 2018
Sophia-Antipolis and Paris, February 1st, 2018 – Wildmoka, the leading live clipping, editing and publishing platform for broadcasters, announced today a Series A investment of $8 million led by venture capital investor Alven with participation from existing shareowner Apicap.
Wildmoka’s cloud video platform empowers broadcasters and content owners to unleash their fan engagement by clipping the greatest moments from live TV and events as they happen, and sharing them across web, mobile and social to give viewers what they really want – immediate access to the best highlights.
The company works with clients across all media verticals, from sports to news to entertainment. Its automated workflow technology brings one of the most advanced cloud video solutions today, and is capable of assembling and publishing content instantly towards multiple platforms, while optimising editorial effort, growing new audiences & developing innovative monetisation models.
Current customers include major media companies such as NBC Sports, NBC News, France Télévisions, CANAL+, FOX, Orange, beIN SPORTS, MBC Group, Altice (BFM & SFR), the International Tennis Federation, to name a few. In addition to its headquarters in the South of France, the company has five offices on three continents (Europe, US, and Australia).
Since its Seed Round in early 2016, the company has grown rapidly with platform deployments and has multiplied its customer base tenfold. This Series A financing will be used to further boost Wildmoka’s global commercial expansion and market presence, and to accelerate the investments in its cloud video platform. Raffi Kamber, Partner at Alven, will join Wildmoka’s board of directors.
“Live content distribution on web, mobile and social has become a core differentiator for broadcasters and content owners, both in terms of brand recognition and monetisation. By using next-gen technologies like speech-to-text, video recognition, and machine learning, Wildmoka ensures that its offering is well-timed with fans’ rapidly increasing demand for a highly personalised digital experience.
“Wildmoka provides a powerful solution for the industry and we are thrilled to collaborate with them and support them as they work to build the next media digital hub,” Raffi Kamber explained.
“We couldn’t be more excited about our partnership with Alven,” Cristian Livadiotti and Thomas Menguy, Co-Founders of Wildmoka, said. “We now have a new ambitious partner on board, who provides us not only with capital, but also with a vast strategic experience in the high-tech sector, and a proven track record in fast growth.
“While the funding will help us broaden our sales focus, most importantly, it will allow us to continue driving value for our existing customers. It means they will see more innovation from us at a faster pace.”
Founded in 2013 in the Sophia Antipolis technopole, Wildmoka is a live clipping, editing & publishing platform provider. Wildmoka’s solutions empower Content Owners and Rights Holders to deliver their live content in front of the largest digital and social audiences as quickly as possible.
The platform enables them to face the viewers’ demand for growing video content over web, mobile and social, allowing them to increase their fans engagement, grow their audience, and develop new monetisation models. For more information, please click here
Paris-based Alven Capital is an early-stage venture capital firm with over $500 million under management. Alven backs primarily ambitious European entrepreneurs in the digital technology space. Alven’s sectors of interest include notably AI, data-driven platforms, Saas, security solutions, as well as disruptive consumer models with a particular focus on marketplaces and web brands.
Past or current investments include Algolia, Dataiku, Drivy, Happn, Wit.ai (Facebook), CaptainTrain (Trainline/KKR), Bime Analytics (Zendesk), Frichti, Tinyclues, iAdvize, Peopledoc and Wynd. For more information, please click here