Private Investors Fund TVinci’s First Round of $1.6 M

homeIsraeli start up TVinci, developer of online and mobile video solution for media companies and cellular carriers, has announced a first round of $1.6 Millon led by Zohar Gilon’s and Ron Tamir’s  Keidan Capital Group.

TVinci specializes in creating VOD and live content environments for their paying clients including mobile operators, IPTV and big media companies such as Viacom, who uses TVinci’s technology to power its video content on brands like MTV. The video players add interactivity and customization to existing websites, and reportedly increase user engagement on the site. For example, before TVinci, users watched one video per session on average. Now,  in MTV Israel and MSN Israel, powered by TVinci, people now watch an average of 7 videos each visit. The increase in engagement is attributed to a set of widgets, presented above of besides the video. Users can add comments, chat, tag and include thought bubbles – while watching the video.

players

In an interview to VC Cafe last year, Ido Wiesenberg, TVinci’s 27 year old co-founder, explained how TVincni was able to run the company with no funding:

VC Cafe:TVinci launched without raising capital. How did you initially fund TVinci?

We followed some very clear guidelines from day one, aiming at staying (at least) balanced. I think we were confident enough with our platform to insist on charging, and were lucky enough to find clients who believed in us from the beginning.

TVinci is led by CEO Ofer Shayo, VP Biz Dev Wiesenberg and CTO Guy Barkan. These days,  TVinci’s work with Viacom can be seen in emerging markets such as Hungary, Poland and Israel.

Follow me
Co Founder and Managing Partner at Remagine Ventures
Eze is managing partner of Remagine Ventures, a seed fund investing in ambitious founders at the intersection of tech, entertainment, gaming and commerce with a spotlight on Israel.

I'm a former general partner at google ventures, head of Google for Entrepreneurs in Europe and founding head of Campus London, Google's first physical hub for startups.

I'm also the founder of Techbikers, a non-profit bringing together the startup ecosystem on cycling challenges in support of Room to Read. Since inception in 2012 we've built 11 schools and 50 libraries in the developing world.
Eze Vidra
Follow me
Total
0
Shares

Comments are closed.

Previous Article

Invitation to the LBS London Technology Summit (Feb 20th)

Next Article

Bitesize Monday: 10 Links on Business Models, Boxee, Search and more

Related Posts
Israeli Startups at MWC 2011
Read More

Special: The 56 Israeli Companies Exhibiting in Mobile World Congress 2011

Israeli startups in the mobile space are once again showing impressive attendance levels, with 56 Israeli companies exhibiting in the Israeli Pavilion at the 2011 Mobile World Congress [MWC]. For the third consecutive year, VC Cafe puts the spotlight on the Israeli startups presenting at the event.
Read More

Special: 72 Israeli Companies Exhibit at the 2010 Mobile World Congress

About 50,000 visitors from 200 countries are expected to attend the 2010 GSMA Mobile World Congress in Barcelona this…
Total
0
Share