We’re excited to announce that we’ve closed a $5M Series B fundraising round led by Comcast Ventures, with participation from many of our existing investors: Union Square Ventures, Keith Calder, Lerer-Hippeau Ventures, Lowercase Capital, Alexis Ohanian, John Johnson and others. Comcast shares our vision for building the best way to distribute video online, and we’re excited to be working with them and welcoming Comcast Ventures’ Sam Landman to our board.
Two years ago, VHX started out as two people and a comedy special. Now, we’re a team of 20. Our platform is feature-rich and constantly growing, with over 3,500 titles and $4.7M in total sales. Big 2014 launches like Dave Grohl’s Sonic Highways series, Kevin Spacey’s Now, Harmontown, This American Life’s second release, and some wildly inspiring Internet-native success stories like Expelled, Camp Takota, and Black & Sexy TV helped make last year an awesome one, full of promise for all types of video publishers who want to distribute their work directly to fans.
This round of funding will pave the way for a few major goals. First, apps! Just last month we launched our new iOS app with another app announcement soon on the way — two big steps in our push for the best watchability across all devices. And, community! With thousands of titles and over a million customers on the platform, we have the opportunity to better connect our buyers and sellers, and build the vibrant, creator-friendly network we’ve always wanted.
Write to us here or tweet @vhxtv.