Voddler operates a video-on-demand service built on patented peer-to-peer technology for managed distributed streaming. The company offers a catalog of roughly 3,500 titles and in 2010 served about 5 million movies to its user base of more than 850,000 customers across Sweden, Finland, Norway and Denmark. Over 80% of Voddler’s content is made available free with advertising. Content agreements include both international and domestic media companies. Voddler is prioritizing development to deliver its service on handheld devices (smartphones and tablets) and on Internet-connected TVs and set-top boxes. The company was founded in 2005 and is headquartered in Stockholm, Sweden. Voddler operates a high-quality, Internet-delivered on-demand home entertainment service and works with major companies in the entertainment business. The company was founded in 2005 and is based in Stockholm, Sweden. Voddler reported showing more than 1 million movies in January to over 400,000 Swedish members. The business offers streaming movie content to consumers via its platform. Management says the recent capital infusion will enable continued product development and geographic expansion. Voddler plans launches in Norway, Denmark and Finland during Q1 2010. Voddler is a movie-streaming service often described as the “Spotify for movies.” The company focuses on developing its on-demand movie streaming service. It has secured about €3.4 million (35 million SEK) in funding from a group of private investors. The funding is intended to be used to develop the service further. Voddler has roughly 50 shareholders to date. One shareholder is Deseven Capital, where Voddler’s CEO Marcus Bäcklund is a partner. The company declined to disclose the identities of the investors or the size of their stakes, and it did not specify the funding instrument.

Total raised

$16M

Funding rounds

3

Latest round

Equity

Latest activity

Feb 2011