Wayra, Telefónica’s open innovation hub, has invested in Sceenic, the creator of Watch Together, a software that enables OTT platform users to share video content whilst video chatting with friends and family.

With this investment, Sceenic seeks to strengthen its presence in the markets where Telefónica operates in Europe and Latin America and its internal growth and development of new technologies.

“The entertainment sector has radically changed in recent years, a shift that intensified as a result of the pandemic, giving Sceenic a very attractive proposition. Wayra’s eagerness to get behind this project is a clear indicator of Telefónica’s interest in these new forms of digital entertainment, which are increasingly found in the homes of millions of people”, commented Paloma Castellano, Director of Wayra Madrid.

Jonathan Williams, Chief Operating Officer at Sceenic, added: “As a team, it has been rewarding to welcome Wayra into the family, as it is proof of the great potential, they see in Sceenic as a company, and of the shared vision we have of bringing people together. Telefónica’s great understanding of our technology will enable us to evolve even faster and give us greater access to new industries.”

Other posts by :

1. Amazon Leo gets approval for 4,504 extra satellites
2. SpaceX gets a portion of India
3. TerreStar wants to build LEO network
4. Musk: “No Starlink phone”
5. Russia accused of eavesdropping on satellites
6. FCC welcomes Musk’s 1m satellite plan
7. Telesat has problems with an LEO
8. Orbital debris a real danger 
9. India boosts space budget

Categories: Articles, Business, Funding, OTT, Social Media

Tags: Sceenic, telefonica, Watch Together, wayra