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Amagi: Raises Over $100M in Funding
FinTechFunding
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Amagi: Raises Over $100M in Funding

Steve Sam
By Steve Sam

Amagi: Raises Over $100M in Funding

  • Amagi, a NYC-based leader in cloud-based SaaS technology for broadcast and connected TV, raised over $100m in funding
  • Backers included Accel, Avataar Ventures, Norwest Venture Partners, and existing investor Premji Invest
  • The venture funds have bought out the stake held by Emerald Media (an investment platform backed by KKR) and Mayfield India
  • The company is a next-generation media technology company that provides cloud broadcast and targeted advertising solutions to broadcast TV and streaming TV platforms
  • It enables content owners to launch, distribute and monetize live linear channels on Free-Ad-Supported TV and video services platforms
  • The company also offers 24×7 cloud managed services bringing simplicity, advanced automation, and transparency to the entire broadcast operations

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