Month: September 2014

Liberty Global Ventures Leads Series B Financing in Mediamorph to Accelerate Growth

By Jon Lerner

Funding will support next generation data management platform and expansion of the sales organization.

Mediamorph, the leading cross-platform Media and Entertainment (M&E) data management and analytics firm, has raised $10 million in Series B financing led by new strategic investor Liberty Global Ventures. Liberty Global Ventures is a global investment fund owned by Liberty Global, the largest international cable company with market-leading operations in 14 countries. Included in the round is a significant investment from Smedvig Capital, a current investor in Mediamorph. The company expects to close the Series B round with the participation of one to two additional investors in the near future.

“Mediamorph is a high-growth company that provides software solutions that are vital for managing digital distribution within the M&E industry,” said Ankur Prakash, Vice President of Liberty Global Ventures. “As digital viewing continues to boom globally and management of content rights becomes increasingly complex, Mediamorph has rapidly become a critical component for leading M&E companies. Liberty Global Ventures invests in companies which provide high strategic value to the cable industry and we are looking forward to working closely with Mediamorph”.

“This round will help us invest in our data management platform and bring on key hires to further scale our business,” said Rob Gardos, CEO of Mediamorph. “Liberty Global Ventures is the perfect partner given its expertise in our space and track record of success.” Gardos, who joined Mediamorph in July, is one of two recent significant hires. Joining as Mediamorph’s CFO is Kent Jarvi. His 30 year career includes CFO stints at a variety of technology companies including, Knoa Software, Liazon Corporation, Ejasent, Driveway and GridApp Systems.

Tusker makes the cut!

Tusker has recently been shortlisted in two prestigious national awards. The first is the Digital Entrepreneur Awards (DEA), in which the company has been announced as finalists in the ‘Large e-Commerce Business of the Year’ category.

The DEA, rewards entrepreneurs from across the country who have achieved online business excellence and celebrates the ‘high-profile websites and leaders driving online commerce’.

The second nomination is in the Workplace Savings and Benefits (WSB) awards for Car Scheme Provider of the Year, a new award for this year.

The WSB awards are the only award event to recognise both employer and provider excellence. The awards aim to find and recognise the employers which have the best benefits teams and offerings to staff, and have done the most to improve these over the past 12 months. They also recognise those that have offered the highest level of innovation, performance and service to employers and their staff over the past year.

Tusker was also announced as a winner in the Green Apple Awards, and highly commended in the Green Category of the Business Car Techies Awards.

Tusker is the UK’s leading salary sacrifice car scheme provider and its SalarySacrifice4Cars scheme (SS4C) is used by more than 170 companies and organisations in both the private and public sectors.

Tusker has now taken over 12,000 orders through SS4C and the number of its schemes in operation has grown by more than 60% in the last 12 months and continues to grow. Another 40 schemes are expected to go live before the year end.

Tusker’s Chief Commercial Officer, Iain Carmichael, said: “Naturally, we are delighted to be shortlisted for two more national awards in recognition of the huge strides the business has made in the last 12 months.”