Vydia has completed a $7 million Series A funding round. The company now has more than 200,000 video creators that distribute, monetize, store and measure content using its centralized platform.
The investment was led by Vocap Investment Partners with participation from Newark Venture Partners. Previous investors include Paradigm Talent Agency, S-Curve Records, QueensBridge Venture Partners, Dovi Frances, Ozone management and other industry insiders.
Vinny Olmstead, Managing Director of lead investor Vocap, will be joining Vydia’s board of directors, “Vydia has a significant head start as the category leader in the rapidly expanding video content market. The proliferation of serious content creators coupled with the disruption driven by social media as a distribution channel has created the need for a new kind of technology solution," said Olmstead.
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