Thursday, November 5, 2015

17 Media Raises $10M For Photo, Video Streaming App For Celebs

Los Angeles- and Taipei, Taiwan-based 17 Media announced Thursday that it has raised $10M in a Series A funding, for the company's video and photo streaming app specifically aimed at entertainers, celebrities, and influencers. The funding was led by Infinity Venture Partners and Prometheus Capital, and also included angels Lawrence Ng (Oversee.net); Jaime Lin (AppWorks), and Xu Le (High Level Limited). The company was co-founded by Jeff Huang, a hip-hop music group founder, and Popo Chen, a Taiwanese app developer. 17 Media says it has a major install base in Asia. More information »