Singapore-based short film platform Viddsee has raised $2.3m in its latest funding round with Japan’s CyberAgent Ventures (Cav) as lead investor.
Viddsee streams short films and web series from Asia and the Middle East across its online video platform and iOS and Android mobile app. The service has more than 2 million monthly unique users, mostly based in the Philippines, Taiwan, Indonesia, Malaysia and Singapore.
“We have witnessed a dramatic rise of short film consumption since our founding two years ago. It’s not a stretch of the imagination to have a film viewed by half a million people, which is an equivalent of 3,000 full house screenings,” said Derek Tan, who founded the platform with fellow entrepreneur Ho Jia Jian.
Cav’s Takahiro Suzuki said: “There’s no lack of content or creativity from Asia, but the real push in creating relevance with audiences is accessibility in both medium and content.
“We are confident...
Viddsee streams short films and web series from Asia and the Middle East across its online video platform and iOS and Android mobile app. The service has more than 2 million monthly unique users, mostly based in the Philippines, Taiwan, Indonesia, Malaysia and Singapore.
“We have witnessed a dramatic rise of short film consumption since our founding two years ago. It’s not a stretch of the imagination to have a film viewed by half a million people, which is an equivalent of 3,000 full house screenings,” said Derek Tan, who founded the platform with fellow entrepreneur Ho Jia Jian.
Cav’s Takahiro Suzuki said: “There’s no lack of content or creativity from Asia, but the real push in creating relevance with audiences is accessibility in both medium and content.
“We are confident...
- 10/4/2015
- by lizshackleton@gmail.com (Liz Shackleton)
- ScreenDaily
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.