Video Distribution Startup Zype Raises $2M
It’s all about Raising Funds!
Zype Raising Funds
Again Zype has raised $2 Million for helping the publishers deliver and minting money from videos across devices. Last year, Zype had raised $1.6, Million. This US-based startup had raised $3.6 Million in the seed round. The recent round of funding was led by Revel Partners with participation from Point Nine Capital, Alpine Meridian Ventures, Berlin Ventures, Entrepreneurs Investment Fund and Terrapin Bale Ventures.
Zype is a platform that can be used for building video websites and apps for mobile devices and set-top boxes. Incorporating the state-of-the-art technology, the platform automatically selects the best video player, including Zype’s own player for each device and geography. Moreover, it provides support for monetization through advertising, video purchases and rentals. Ed Laczynski is the founder and CEO of Zype. Smart content can be delivered through videos.
The startup is coming up with an upcoming project, Zype University that is a training program for its customers on how to build a successful business revolving around online video.
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