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Akimbo Received $8 Million for their Video on Demand Solution
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Akimbo is a solution for monetizing video over the Internet from a content providers’ own website.
Akimbo provides a turn key solution for allowing any site that has their own content to plug and play the Akimbo system. While it is the Akimbo system you maintain control over your assets.
The Akimbo system provides multiple business models, including ad-supported, transactional/pay per view, subscription, download-to-own, download-to-burn, gift card capability, and other revenue-generating models.
There is a link on their homepage to a fully functional site so you may explore how the system works. I was unable to view it in Firefox so be sure to explore their site in IE.
Funding
Funding Total: $8,000,000
| Round | Date | Amount | Pre Amount | Post Amount |
|---|---|---|---|---|
| A | 03/2008 | $8,000,000 | – | – |
| Investors: Draper Fisher Jurvetson, Kleiner Perkins Caufield & Byers | ||||
Founders
- Posted in: Funding
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