Interlude Receives $18,200,000 New Funding

  • Feed Type
  • Date
    12/9/2015
  • Company Name
    Interlude
  • Mailing Address
    115 Montgomery Street Binghamton, NY 13901 USA
  • Company Description
    Interlude is a digital media company that designs, develops and markets interactive video technology, allowing consumers to create in real-time, a unique and dynamic version of a video that is based on pre-recorded audio/video segments – a one-of-a kind version of a popular video, created from millions of unique possibilities.
  • Website
    http://www.interlude.fm
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $18,200,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Interlude has, to date, been primarily known for its award-winning and internationally acclaimed work with music video and branded content. It will use the new funds to build on its momentum. This expansion has three components: creating new forms of serialized video content spanning drama, comedy, news, sports, music and pop culture; growing the Interlude ecosystem of creators; and advancing the unique technology that realizes the vision of video that feels and responds.
  • M&A Terms
  • Venture Investor
    Metro-Goldwyn Mayer Studios
  • Venture Investor
    Warner Music Group
  • Venture Investor
    Samsung Ventures
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    Intel Capital
  • Venture Investor
    Undisclosed

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