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Nanotech Entertainment Inc NTEK
(Total Views: 564)
Posted On: 03/21/2018 7:33:17 PM
Post# of 96892
Posted By: dennyd
David, Here are several capital funding companies that provided the streaming service Tubi TV 20M in funding a year ago. Does NTEK have any connections with Jump Capital, Danhua Capital or Cota Capital?

I know Bridgeport/S wants the funding to go thru however if there is something that prevents them from releasing the 21M that is not under their or NTEK's control then maybe NTEK needs a new funding partner as a plan B.


PLEASE READ
San Francisco-based Tubi TV has raised an additional $20 million for its advertising-supported streaming service for TV and movies. Investors in the round are betting on the fact that the next big streaming competitor won’t be a direct rival to Netflix and others with a subscription-based business model, but rather a free service that offers a wide variety of titles for free viewing.

The Series B round was led by Jump Capital, and includes participation from Tubi TV’s Series A investor Foundation Capital, as well as Danhua Capital and Cota Capital. With this current round, the company’s total raise to date is $34 million.

https://techcrunch.com/2017/05/09/free-stream...w-funding/













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