MediaSilo Raises $2.25M Series A
BOSTON, MA, Jan 23, 2013 (MARKETWIRE via COMTEX) --
Cloud media management service MediaSilo announced today that it
has closed a $2.25 Million Series A round led by Boston-based
Schooner Capital. MediaSilo will use the funds to accelerate growth
in new markets and strengthen its position as a pioneering leader in
video management, collaboration, and distribution.
MediaSilo's software-as-a-service (SaaS) platform makes it easy to
work with video from anywhere. The platform provides an online media
library, with collaboration and delivery tools for any video
workflow. Users can set up branded microsites for sharing video
MediaSilo currently manages millions of videos, graphics, audio files
and documents for more than 400 companies, including media
enterprises, production companies, retail brands, pro-sports teams,
hospitals, and colleges.
Major global media companies have built sophisticated workflows
around the MediaSilo SaaS platform, leveraging its low cost of
ownership to create a one-stop-shop for creative team members to
search and preview video across multiple locations.
"This new funding will provide additional resources to grow the
company and continue to evolve our platform offering," said Kai
Pradel, CEO, MediaSilo. "Our customers will see immediate changes to
our product line as we address new workflows and work closely with
partners and integrators to make working with video easier."
"MediaSilo has built an impressive set of tools," said Ted Henderson,
a managing director at Schooner Capital. "Customers are passionate
about the platform. MediaSilo reduces friction in the production
process and saves companies money."
In conjunction with the funding announcement, MediaSilo has
re-launched its website. The redesigned site at www.mediasilo.com
contains new developer resources, more information on the platform
offering, and details on the company's partner and integrator
Based in Boston, MediaSilo Inc. provides cloud-based
media workflow and collaboration solutions for creative teams. Built
by media professionals for media professionals, the MediaSilo
platform provides content creators and production teams with the
ability to search, review, store, manage, share, and convert media
quickly and easily from anywhere in the world. More information can
be found at www.mediasilo.com.
VP of Business Development
Tel: +1 917-817-0844
Email: Email Contact
Wall Street Communications
Tel: +1 720-524-3813
Email: Email Contact
[ Sports Techy's Homepage ]