Cleeng raises funding
May 13, 2015
Cleeng, the Dutch specialist in video e-commerce for sports and entertainment companies, has raised €1,100,000 in a Series A round led by Pascal Cagni (General Manager and Vice President Apple EMEIA 2000-2012), bringing Cleeng’s total venture funding to €1.5 million to date. The funding round will support Cleeng’s international growth and further product development for the disruptive video e-commerce platform.
Gilles Domartini, founder and CEO of Cleeng, commenteded: “After a successful pivot toward video e-commerce, this investment will give us the means to solidify our market leadership. We have attracted and retained top clients, and leading video platforms now recommend Cleeng for their PPV and VoD projects. With more than 1/2 of our business in the US, it is time to accelarate our sales development and unleash our revenue potential internationally. We are thrilled by the trust shown by our investors and we will remain focused on delivering the ambitious scaling plan.”