Zenterio develops an independent operating system for interactive TV that separates software from hardware, enabling operators to combine live and on‑demand content with interactive services. The platform is designed to work regardless of hardware, including older equipment, and supports OTT solutions plus phones and tablets. The company reported a cumulative loss of nearly €30 million over the prior three years but showed improved results in Q2 2016 with EBITDA of about €630,000. Management says it is seeing generally positive developments in turnover and profitability but declined to give forecasts. Zenterio previously sought an IPO but withdrew a year ago in part due to its large losses. The recent funding is intended to allow the company to continue current operations while it pursues a path to profitability.

Total raised

$11M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2016