Tagged: video

IoT semiconductor developer Immedia closes a new financing round

VHX raised $4.25 million in equity at first close


Logos_animated VHX reported selling $4.25 million or 85% of a new unregistered private offering. A total of eight investors subscribed on December 22nd to the company’s $5 million non-brokered equity financing. Based on the offering’s structure, the company has until December 2015 to raise an extra $750,000. Two previous unregistered financing rounds raised an estimated $5.76 million.
The company is a direct-to-fan distribution platform built for premium video that empowers artists to sell their work from their own websites, directly to fans. Everything that used to be sold on DVD can be sold using the company’s platform. Investors include Union Square Ventures, Lowercase Capital, and Lerer Hippeau Ventures.
The company, headquartered in Brooklyn NY, is led by Jamie Wilkinson (President and CEO). VHX elected to keep its revenues undisclosed.
The executive team includes Casey Pugh.
The board of directors includes Andrew Weissman.

The company has raised an estimated total of $10.01 million via private unregistered security offerings.

Offering recap
Status: First close
Company: VHX
Industry: Other Technology
Amount offered: $5 million
Amount placed: $4.25 million
SEC filing: Source
First sale: 12-22-2014
Data as of: 01-06-2015
All dollar amounts are derived from filings lodged with the SEC by the company under current and previous names.


For more information visit www.XDATA.co

Photobucket issues $3.19 million worth of securities


XDATA – August 12th 2014

photobucket92% of Photobucket‘s $3.48 million unregistered private offering was placed almost two weeks ago. The non-brokered equity securities were subscribed by four investors. The first close garnered $3.19 million. Until this disclosure Photobucket had raised an estimated $8.72 million in unregistered securities via one previous financing round.

The company is an image and video hosting website. The company offers a host of web-based services to share, edit and print pictures.

The company is headquartered in Denver CO. Photobucket elected to keep its revenues undisclosed.

The executive team includes Matt Pullam and Tom Munro.

The board of directors includes Bill Mcaleer, Erik Moreno, Liping Fan, Ren Riley, Steve Coffey and Tom Huseby.

The company has raised an estimated total of $11.91 million via private unregistered security offerings.

Offering recap

Status: First close

Company: Photobucket

Industry: Other Technology

Amount offered: $3.48 million

Amount placed: $3.19 million

First sale: 07-30-2014

Data as of: 08-12-2014

For more information visit www.XDATA.co

Qello launched a $6 million mezzanine financing


qelloQello is in the market with a $6 million brokered mezzanine placement. The placement, which hasn’t started to sell, is structured to close in May 2015 or once the placement is fully subscribed. The private placement, excluding $270,000 to be paid toward officers’ salaries and $480,000 to be paid in placement fees, will bring in estimated net proceeds of $5.25 million. Two previous unregistered financing rounds raised an estimated $15 million. The company is backed by middle-market private equity firm GPB Capital.

The company is an on-demand subscription streaming service for full-length HD concert films and music documentaries. For $5 a month, All-Access members can watch as much as they want, anytime, anywhere, on nearly any internet-connected screen without commercials. Free users can watch one track from every full-length concert, as well as Qello TV’s 30+ channels of unlimited concert moments. Qello is available for iOS and Android, and on the web, Amazon’s Kindle Fire, Windows Mobile, Samsung and Sony Smart TVs.

The company, headquartered in New York NY, is led by Brian Lisi (CEO). Qello disclosed having revenues on or below $1 million.
The executive team includes Richard Johnson and Robert Frank.
The board of directors includes David Gentile, Peter Gibson, Robert Kessler and Sal Naro.

Qello is registered under the name Qello Holdings.

Offering recap
Status: Launched
Company: Qello
Industry: Other Technology
Amount offered: $6 million
Data as of: 05-23-2014

Late Living issues $200,000 worth of securities


rediconnect80% of Late Living‘s $250,000 unregistered private offering was placed today. The non-brokered equity securities were subscribed by four investors. The first close garnered $200,000. Based on the offering’s structure, the company has until May 2015 to raise an extra $50,000. The equity offering’s estimated net proceeds will amount to $190,000 which excludes $60,000 to be paid toward officers’ salaries. The company doesn’t appear to have previously sold securities under a registration exemption with the SEC. The company is backed by MAC6, a Tempe-based incubator.

Late Living markets and develops a video tour platform for senior housing. The platform allows users to search, save, view and share assisted living facilities video tours. The tool is free for users while facilities pay a referral fee. The information collected and analytic tools allow facilities to streamline their sales and marketing process by reaching out directly to interested parties.

Late Living, registered in 2014, is headquartered in Tempe AZ. It is led by Christopher L Wilson (President and CEO). Revenues were not disclosed.
The executive team includes Ammon Curtis.
The board of directors includes Scott Mcintosh.

Late Living is registered under the name RediConnect.

Offering recap
Status: First close
Company: Late Living
Industry: Business Services
Amount offered: $250,000
Amount placed: $200,000
First sale: 05-23-2014
Data as of: 05-22-2014

Fanhattan launched a $18 million offering and placed 47%


fanhattanAccording to a document filed by Fanhattan with the SEC, the company launched a $18 million non-brokered equity offering. So far Fanhattan sold 47% or $8.39 million worth of new unregistered securities to nine backers. The subscription started one month ago. The offering will remain open until March 2015 while an additional $9.6 million worth of securities is sold to investors. It appears to be the first time the company is filling a security offering under a registration exemption…and it is hard to believe. So, with some research, one would realize that Fanhattan’s ancestor was a company called Vuze (Formerly Azureus) which raised an estimated $32.8 million since November 2006. The company is backed by NEA, Redpoint Ventures, GreyCroft Partners, and e.ventures (Formerly BV Capital).

The company is the developer of Fan TV, a video aggregation and programming guide application that lets users know what’s available to watch across popular streaming video platforms such as HuluPlus, Amazon, Netflix etc…The app also allows users to watch movie trailers and buy tickets. The app is available for iOS and on the web. However, the financing comes on the heels of a deal made with Time Warner to sell a new set-top box device with a touch remote that will bring the Fan TV service to life on Time Warner subscribers’ screens. It combines live TV, video-on-demand and streaming services in a unified discovery experience. The device will retail for $149 and can be pre-ordered for $99.

The company, headquartered in San Mateo CA, is led by Gilles Bianrosa (CEO). Fanhattan elected to keep its revenues undisclosed.

The executive team includes Laura Tunberg, Milan Parikh and Olivier Chalouhi.
The board of directors includes Christopher Moore, Jarl Mohn, Mathias Schilling and Patrick Chung.

The company raised an estimated $41 million since inception.
Former names include: Azureus, Vuze, TMDB and Fanhattan Holding.

Offering recap
Status: First close
Company: Fanhattan
Industry: Other
Amount offered: $18 million
Amount placed: $8.39 million
First sale: 03-24-2014
Data as of: 05-13-2014

Inmobly garnered new subscriptions and upped its offering to $923,000


Change: offered +9% / raised +33% / placed 99%

inmoblyInmobly’s $850,000 equity financing round increased by 9% to cap at $923,000. An additional $225,000 worth of securities was placed by the company with two investors since the company last released data last October. This brings to $915,000 the amount raised from the thirteen backers who subscribed to the offering. The offering’s expected net proceeds will amount to $713,000 which excludes $210,000 to be paid toward officers’ salaries. The subscription is structured to close once the 1% left is fully subscribed or next September at the latest. This is the first time the company is offering securities under regulation D of the Securities Act of 1933.

The company developed a patented PAUL (Predictive, Automated User-Centric Loading) technology to identify relevant multimedia content (videos on social feeds, sports highlights, news clips) and preload it to the user’s smart phone or tablet, using WiFi when available to save data plans. The videos can then be watched locally from the phone, even offline, and re-watched, without loading delays. Videos are refreshed regularly, so the device’s memory is not overloaded.

The company, headquartered in Columbus OH, is led by Hesham El Gamal (President). Revenues on or below $1 million were reported by Inmobly.

The executive team includes Nayer Wanas.
The board of directors includes Ryan Helon.

Offering recap
Status: Intermediary close
Company: Inmobly
Industry: Other Technology
Amount offered: $923,000
Amount placed: $915,000
First sale: 09-23-2013
Data as of: 05-05-2014

OurHistree files a second offering


ourhistreeAfter disclosing raising $255,000 in a document filed yesterday, OurHistree announced it sold another $250,000 worth of mezzanine securities. The mezzanine securities, which started to sell almost two weeks ago, were bought by nine investors.A total of thirteen unregistered securities offerings closed by the company raised an estimated $8.8 million.

The company developed and markets a web platform and an Android application (app) that allow users to create multimedia stories, alone or with a group, which can easily be embed, tweeted or shared on Facebook. The story can be updated as often as the user wants and photos and videos can easily be added directly from a cell phone. The app is free.

The company, headquartered in Beverly Hills CA, is led by Andrew Sipes (President). OurHistree kept its revenues undisclosed.

The company has raised an estimated total of $9 million via private unregistered security offerings.

Offering recap
Status: On-going
Company: OurHistree
Industry: Other Technology
Amount offered: N/A
Amount placed: $250,000
First sale: 03-26-2014
Data as of: 04-07-2014

$255,000 worth of mezzanine securities were sold by OurHistree


ourhistreeOurHistree disclosed selling $255,000 worth of mezzanine securities as part of financing round. The mezzanine securities, which started to sell one month ago, were bought by eight investors. The offering has no fundraising cap and the company may elect to raise additional funds until the offering closes in March 2015. A total of twelve unregistered securities offerings closed by the company raised an estimated $8.44 million.

The company developed and markets a web platform and an Android application (app) that allow users to create multimedia stories, alone or with a group, which can easily be embed, tweeted or shared on Facebook. The story can be updated as often as the user wants and photos and videos can easily be added directly from a cell phone. The app is free.

The company, headquartered in Beverly Hills CA, is led by Andrew Sipes (President). Ourhistree kept its revenues undisclosed.

The company has raised an estimated total of $8.7 million via private unregistered security offerings.

Offering recap
Status: On-going
Company: OurHistree
Industry: Other Technology
Amount offered: N/A
Amount placed: $255,000
First sale: 03-04-2014
Data as of: 04-04-2014

Predictive automated video loading app initiates first close on its equity financing round


A first close of $690,000 was initiated by Inmobly on its fundraising effort started last month. 81% of the $850,000 non-brokered equity offering was placed with eleven investors. The offering will remain open for a year during which the company may raise an additional $160,000. This is the first time Inmobly is raising money on the private placement market. The equity offering’s expected net proceeds will amount to $640,000 which excludes $210,000 to be paid toward officers’ salaries.

Inmobly solutions use the patented PAUL (Predictive, Automated User-Centric Loading) technology to identify relevant multimedia content (videos on social feeds, sports highlights, news clips) and preload it to the user’s smart phone or tablet, using WiFi when available to save data plans. The videos can then be watched locally from the phone, even offline, and re-watched, without loading delays. Videos are refreshed regularly, so the device’s memory is not overloaded.

Hesham El Gamal (President) leads the Columbus OH based company which was registered in 2011. Inmobly reported revenues on or below $1 million for the latest fiscal year. The executive team includes Nayer Wanas. The board of directors includes Ryan Helon.

Offering recap:
Status: First close
Company: Inmobly
Industry: Other Technology
Amount offered: $850,000
Amount placed: $690,000