Deals

Burst Raises New Investment Round
Date: 
Monday, March 7, 2016
Categories: 
B2B
Digital Platform
Mobile
SaaS
Deal Type: 
Funding

Burst, the mobile video technology platform that enables broadcasters, media companies, rights holders and brands to leverage the power of user-generated content (UGC), today announced that it has received equity investments from two strategic partners: Sinclair Digital Ventures, a wholly owned subsidiary of Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), one of the largest and most diversified television broadcasting companies in the country, and Horizon Media, the largest and fastest growing privately held media services agency in the world. Burst will use the investment to extend its lead in helping customers navigate the dynamic mobile-to-television technology landscape. Terms of the investment round were not disclosed...READ MORE