FilmTrack Gets $20M For Rights Management Software

Studio City-based FilmTrack, which develops software-as-a-service for managing rights and content management for the film, video, and television industry, has raised $20M in a funding round. The round came from Insight Venture Partners. According to FilmTrack, the new funding will go towards growth of the company. FilmTrack is led by Jason Kassin, and helps film, video, and television publishers with managing their intellectual property. The company said that Peter Sobiloff and Nikitas Koutoupes of Insight Venture Partners have joined the company's board with the funding, along with Michael Lang, a strategic advisor to the company. Lang was recently CEO of Miramax, and was at Fox Entertainment, involved with both Hulu and MySpace. More information »