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Series-C Investment Led by IPV Capital Fuels New Product and Market Expansion
SANTA CLARA, Calif., Jan. 8, 2014 /PRNewswire/ -- Vobile, the worldwide leading provider of video and audio content identification, analytics and management services, announced today the company has completed Series-C investment led by IPV Capital and joined by Ivy Capital. The new funding will accelerate Vobile's growth with new product and market expansion.
Vobile offers a comprehensive suite of SaaS (Software as a Service) products, with applications of content protection, real-time analytics and global monetization. Its services have been widely deployed by all major Hollywood studios, leading broadcasting TV networks and other global tier-one content producers, as well as some of the largest Internet video sites in the world, including Youku, Tudou, Sohu, Tencent and Rutube.
"Vobile is recognized as a leader by the global media industry for content protection on the Internet. The company's dynamic and scalable VDNA technology is also empowering the next generation of media measurement and analytics, new models of content monetization, and innovative second screen applications such as TV gamification and e-commerce," said Alfred Chu, Partner of IPV Capital. "We are thrilled to be working with Yangbin and his team on this very exciting and transformative opportunity."
"Vobile is a prominent pioneer in the development and commercialization of video content identification technology. Using VDNA technology to accurately identify content at massive scale is essential to unlock the huge potential for content owners and advertisers," said Lei Fu, Founding Partner of Ivy Capital. "We are excited to participate in Vobile and passionate about its great future."
"We are extremely happy to receive this new investment from IPV Capital and Ivy Capital," said Yangbin Wang, CEO of Vobile. "The new funding will help accelerate our growth by capitalizing on the enormous market opportunity of global content monetization and real-time analytics for TV."
Vobile is the worldwide leading provider of video and audio content identification, analytics and management services. Its patented core VDNA technology enables fully automated identification, tracking and management of any video and audio content with high accuracy and scalability. Vobile operated the VDNA Database, (VDDB), which is the most comprehensive database of authorized video fingerprints, metadata and business rules from major movie studios, television networks and record labels. Founded in 2005, the company is headquartered in Santa Clara, California, with additional offices in China, Japan and Singapore. For more information, please visit http://www.vobileinc.com.
Vobile, VDNA, VDDB, VideoTracker, MediaWise, the Vobile, VDNA and VDDB logos are registered trademarks or trademarks of Vobile, Inc.
About IPV Capital:
IPV Capital is an early growth venture capital fund that invests in high-growth technology sectors including software, cleantech, technology services and semiconductor. With offices in Beijing, Shanghai and Silicon Valley, IPV Capital brings its wealth of management and technology development experience to mentor a new breed of entrepreneurs with global aspirations. The IPV Capital team has a solid track record in successfully growing technology startups in China and beyond. For more information, see www.ipvcap.com.
About Ivy Capital:
Ivy Capital is a venture capital firm investing in technology and consumer areas. The team consists of seasoned investment and operating professionals who have been investors or entrepreneurs behind many successful companies including WASU, Hanting Hotels, Yingde, Sina Data, GalaxyCore and CapitalBio. For more information, please visit http://www.ivycapital.com.
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