Pivotshare Raises $1M For Content Monetization

Irvine-based Pivotshare, a new startup offering up a service to help content creators publish and monetize their video or audio via subscription or pay-per-view, said today that it has raised $1M in a Series A funding. The funding came from Townsgate Media, which the company said is an investment fund focused on early stage technology and media in Orange County and Los Angeles. Pivotshare offers up a turn-key service which allows users to create video and audio, and offer those videos and audio to users via a subscription or one off purchase; the firm said it is looking to help content creators such as life coaches, comedians, filmmakers, performers, business strategists, and others with its platform. The company was founded by Adam Mosam. More information »