Zype announced the close of $4.9 million in Series A financing led by Runa Capital. Revel Partners, Point Nine Capital, Alpine Meridian and Entrepreneurs Fund also participated in the funding.
Zype is a cloud video distribution service that makes it easy for over-the-top content (OTT) owners to connect directly with their audiences on every screen. Enterprise content owners and brands can own and accelerate all aspects of their video distribution pipeline using Zype’s push button app publishing, monetization, streaming, audience management, and analytics, which are integrated into hundreds of OTT apps and engaged by millions of viewers every month.
With the new funding, Zype will accelerate its product roadmap to empower existing customers and reach new businesses looking for easy and automated OTT solutions.