Tech Company Financing Transactions
ON Networks Funding Round
ON Networks closed a $12 million Series B funding round on 11/14/2007. Investors included Accel Partners, AT&T and Austin Ventures.
Transaction Overview
Company Name
Announced On
11/14/2007
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series B
Investors
Proceeds Purpose
The capital will be used to fund company expansion, including the development of its virtual studio technology platform, new shows, and strategic business relationships with the world's top content distribution networks and platforms.
Company Information
Company Status
Out of Business
Industry
Internet & IoT
Mailing Address
504 Lavaca Street 960
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Website
Email Address
Overview
ON Networks is a new digital media company that is built around theshifts in how TV shows are created, distributed, viewed and monetized.Put simply, an ON show is coming to pretty much every glowing screennear you -- from TV to computer to mobile device.We've created a haven for smart, engaging and entertaining programs forevery pastime and pursuit.
Management Team
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