Netflix
121 Albright Way, Los Gatos, CA, 95032, USA
Overview
Netflix is an online platform that enables users to watch TV shows and movies on smart TVs, gaming consoles, PCs, Macs, mobiles, tablets, and so on. It provides its services under three segments: international streaming, domestic streaming, and domestic DVD. The network enables members to access and view more than one billion hours of TV shows and movies per month, including Netflix's original series. Members can play, pause, and resume watching its content without commercial breaks or commitments. The company also provides DVDs-by-mail membership services. Netflix was founded in 1997 by Mitch Lowe, Reed Hastings, and Marc Randolph, and is headquartered in Los Gatos, California.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Digital Entertainment
- Media and Entertainment
- TV
- Video Streaming
Investment portfolio
- Series Entertainment
Participated · Series A · Sep 2024
Series develops Rho, an AI-native, multimodal full‑stack game creation platform that handles visuals and audio to help developers build games using LLMs and generative AI. The company positions Rho as a full‑stack engine aimed at powering game developers and competing with tools like Unity and AI assistants such as Muse Chat. Series acquired mobile studio Pixelberry (maker of Choices: Stories You Play) in July and aims to both build games and provide developer tooling. The team has scaled rapidly, growing from 17 employees at the start of 2024 to over 100, with hires from Zynga, Machine Zone, Google, and Snap. Financially, Series closed a $28 million Series A after a $7.9 million seed led by a16z a year earlier. PitchBook estimates the Series A represented about 15% of the company for a roughly $190 million post‑money valuation, which the company declined to confirm. Series AI is a US-based game technology and content company led by CEO Pany Haritatos. The company provides a suite of AI-powered game authoring tools that combine generative AI models with a game editor. Its platform is designed to eliminate the friction and slowness of traditional game development, shortening the time between having an idea and experiencing a game. Series AI is building a technology platform to accelerate the game creation process. The company intends to use the funds to expand operations and its development efforts. The fundraise was reported by FinSMEs on 18/09/2023.