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

Accel Partners (Lead Investor) (Peter Wagner)

AT&T

Austin Ventures (Christopher Pacitti)

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
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.
Profile
ON Networks LinkedIn Company Profile
Social Media
ON Networks Company Twitter Account
Company News
ON Networks News
Facebook
ON Networks on Facebook
YouTube
ON Networks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kip McClanahan
  Kip McClanahan LinkedIn Profile  Kip McClanahan Twitter Account  Kip McClanahan News  Kip McClanahan on Facebook


 

 

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