• Keemotion

  Participated · Series A · Aug 2017

  Keemotion provides an automated production solution that connects the arena for coaches, leagues and fans and enables professional-quality live streams. Led by CEO Milton Lee, the company’s platform allows organizations to produce professional live streams without manual camera operation. Keemotion currently produces basketball, hockey, volleyball, futsal and handball in 10 countries. The company raised $3.6M in a Series A financing to fund growth. The investment will allow Keemotion to grow its offerings, provide more solutions and expand into other sports. The company is based in Brooklyn, NY.

• iflix

  Participated · Equity · Mar 2017

  Iflix operates a subscription streaming video service focused on Southeast Asia and other emerging markets. The company has been expanding its regional content relationships and added several media companies as strategic investors. It currently reports 17 million active users, up from 9 million six months earlier. Seven months ago Iflix sold its remaining shares in its Africa business, Kwesé Iflix, to concentrate on Southeast Asia and the Middle East. The company has raised more than $350 million to date and is preparing for a potential public offering. The latest funding will be used for growth ahead of that possible IPO. Iflix is an Asia-based streaming service offering a Netflix-style, mobile-focused video platform priced around $3 per month and available in 19 countries across Asia, the Middle East and Africa. The company targets mass-market viewers on lower-end devices and poorer-quality internet, focusing on local and regional content, originals, and live sports such as Indonesia's soccer league. It began broadcasting original programming earlier this year and hired Sean Carey, formerly VP of global television at Netflix, as chief content officer. Iflix reported five million registered users in March and said it has seen a 3X increase in subscriber numbers, a 2X rise in user engagement, and revenue up 230% year-on-year, though raw figures remain undisclosed. Founded in May 2015, the company plans to use the new funding to expand its local content library, pursue exclusives and first-runs, and potentially enter new regions such as Latin America. iflix provides a Netflix-like streaming service that emphasizes localized programming, regional payment options and partnerships with mobile operators. The service is available in nine Asian countries and in parts of the Middle East and Africa via an iflix Arabia joint venture with Zain. Price positioning is materially lower than Western competitors (example: in Thailand iflix is ~100 THB/month versus Netflix at ~280 THB/month). The company is pursuing original content and broader global expansion while also restructuring operations—recently cutting ~50 of ~650 staff with plans to hire ~200 roles over nine months. Operating metrics disclosed in coverage include over 1 million users in Indonesia, 100,000 registered users in Pakistan within the first month, and an updated total of five million registered users. A source cited a post-money valuation around $500 million following the new raise. iFlix is a one-year-old, Southeast Asia–focused streaming TV service and joint venture between Malaysia’s Catcha Group and U.S.-based Evolution Media Capital. It operates in Malaysia, Thailand and the Philippines and charges upwards of about $3 per month. The company has strategic backers including film giant MGM and recently added UK broadcaster Sky as an investor. iFlix previously raised $30 million from Catcha, PLDT and Jungle Ventures to expand across Southeast Asia. Management has indicated plans to expand further into Indonesia and to grow across Asia, with discussions about raising up to $150 million to enter Africa, Latin America and other emerging markets. Sky said the investment is strategic and that the two parties will work together to identify areas of future collaboration, including potential access to Sky’s programming library. iFlix is a video-on-demand service announced in March as a Netflix-like offering for Southeast Asia. It plans an initial rollout in Q2 2015 targeting the Philippines and Malaysia and aims to expand to more countries in the region. The company says its catalog contains over 10,000 hours of content and will invest in producing original programming. iFlix has stated it will work with local and regional production companies rather than independent producers on original content. To support its launch and growth it secured a $30 million pre-launch capital injection from Catcha and PLDT. The funds are earmarked to broaden country coverage, increase the catalog, and finance a marketing push as iFlix competes with regional entrants such as HOOQ and other services expanding in Asia.

• Scopely

  Participated · Series B · Jul 2016

  Scopely operates a portfolio of top-grossing mobile games (including Scrabble GO, MARVEL Strike Force, Star Trek Fleet Command, YAHTZEE With Buddies and others) built on a proprietary technology and publishing platform. The company emphasizes a studio ecosystem and directed-by-consumer game experiences, claiming one of the most diversified portfolios in the West. Scopely reports strong player engagement (Star Trek Fleet Command players average four hours per day) and launched Scrabble GO as the #1 most-downloaded word game worldwide. The business has achieved more than $1 billion in lifetime revenue and the company says it is significantly profitable with a strong balance sheet. Scopely plans to use new capital to accelerate M&A, expand into new product categories, and partner with teams and creators to scale growth. The company has roughly 950 employees across offices and studios in the United States, Spain, Ireland, the UK, and Japan. Scopely creates, publishes and live-operates mobile games and interactive entertainment products for worldwide audiences, delivering digital, directed-by-consumer experiences across original and licensed IP. Its portfolio includes Star Trek Fleet Command, Looney Tunes World of Mayhem, WWE Champions 2019, The Walking Dead: Road To Survival, YAHTZEE With Buddies and Wheel of Fortune: Free Play. The company intends to use new funding to accelerate its M&A and investment strategy and to expand its portfolio into new genres and IP. Scopely reported more than $1 billion in lifetime revenue this past summer and has more than doubled its valuation in the prior year. The company added two games at the end of 2018 and created Star Trek Fleet Command with the recently acquired DIGIT Game Studios. Scopely is led by Co-CEOs Walter Driver and Javier Ferreira and has global operations in Los Angeles, Barcelona, Tokyo and Dublin, with additional studios in seven countries across four continents. Scopely is a mobile-games company and touchscreen entertainment network led by CEO and co‑founder Walter Driver. It develops and publishes games in partnership with development studios; notable titles include The Walking Dead: Road to Survival, WWE Champions, Wheel of Fortune Free Play, Yahtzee and Dice With Buddies variants. The company operates a network with more than 165 million users. Scopely raised an additional $100M in Series C funding, bringing its Series C to $160M and total funding to more than $250M to date. Backers on the latest tranche included Revolution Growth, Greycroft Partners and Evolution Media. The company intends to use the funds to make acquisitions and to invest in game studios and intellectual property. Scopely highlights expertise in game design, live services, marketing, analytics, business development and advertising. Scopely has built a platform for promoting and monetizing mobile games, whether developed in-house or by third-party studios. Its titles include The Walking Dead: Road to Survival, Wheel of Fortune Free Play and WWE Champions. The company says it reaches more than 125 million players, with The Walking Dead alone generating hundreds of millions of dollars in annual revenue. Scopely said it is already profitable. Management plans to use new capital to expand the business through inorganic means while continuing organic growth in parallel. The company is headquartered in Los Angeles. Scopely offers tools for promoting and monetizing mobile games and operates both in-house development and partnerships with outside studios. The company released two hit games last year — The Walking Dead: Road to Survival and Yahtzee with Buddies — both ranked among the top-grossing games on the Apple App Store and Google Play. Road to Survival has been installed by more than 20 million players, and the game’s revenues have grown every month since launch, driven by advertising and in-app purchases. Scopely says it will continue to invest in existing titles while also launching new games. The company pursues partnerships with major IP holders, having worked with Hasbro and Walking Dead creator Robert Kirkman, and intends to pursue similar partnerships going forward. Financially, Scopely has raised a total of $98.5 million to date, including the newly announced Series B.

• Suja Life

  Participated · Equity · Feb 2015

  Suja Juice Co. is a San Diego-based provider of cold-pressed juices and smoothies that uses High Pressure Processing (HPP) to kill harmful bacteria and preserve nutrition and taste. Launched in May 2012 by James Brennan, the company offers three handcrafted lines: Suja Classic, Suja Elements and Suja Essentials, all Certified Organic and verified Non-GMO by the Non-GMO Project. Its products are sold via SujaJuice.com, Amazon.com, and through natural and select national grocery chains. The company closed in excess of $20m in financing in mid-2015. It intends to use the funds to expand its manufacturing facility and increase production capacity. Suja Juice produces 100% organic, non-GMO verified cold-pressed juices and smoothies and sells at Whole Foods Markets, Sprouts, and select natural and grocery stores nationwide. The company offers two handcrafted lines, Suja Classic and Suja Elements, both Certified Organic and verified by the Non-GMO Project. Founded in May 2012 by CEO Jeff Church, Suja focuses on product innovation within the refrigerated juice category. The company says it will use proceeds from the investment for product innovation, distribution expansion and consumer marketing efforts. The article does not disclose revenue, users, valuation, or other financial metrics.

No current team members are available.