Beeswax, the extensible programmatic buying platform, has secured $15 million (€13.2bn) in Series B Funding led by RRE, Foundry, and Amasia along with participation from You & Mr Jones. Having raised $28 million to date, Beeswax says its continued growth across North America, Europe, and APAC is fueled by the company’s alignment with major industry shifts including the rise of […]
Parts of central London, Stroud, Tunbridge Wells and Canterbury were among the more surprising areas suffering from the worst broadband in the UK, according to Which? analysis of customer speed tests. The consumer champion found that while rural Scotland and Wales still have Britain’s slowest average connection speeds, many local authority areas including in the […]
Digital Catapult, a technology innovation centre that unlocks digital growth in the UK economy, and national development body Arts Council England, have announced an Open Call for a new cohort of content creators to join CreativeXR, a programme aimed at supporting the development of new virtual, augmented and mixed reality experiences within the creative industries. […]
Five locations across England will receive a share of £20 million (€22.68m) to invest in local culture, heritage and creative industries and help drive economic growth. In the first government investment of its kind, Grimsby, the Thames Estuary, Plymouth, Wakefield and Worcester will use the funding on local cultural plans which are tailored to the […]
Industry trade body the British Association for Screen Entertainment (BASE) has responded to the news that UK entertainment retailer HMV has entered administration for the second time in six years, listing five reasons that point out the importance to the sector of its continued existence: The physical disc market is more resilient than headlines suggest. […]
SenseTime Group, the world’s most valuable artificial-intelligence start-up, is preparing for a new financing round with the China-baned company aiming to raise about $2 billion in fresh funding this year. Bloomberg reports that SenseTime, which counts Alibaba Group as an investor, raised more than $1.2 billion last year including a round announced in May that […]
Surrey Satellite Technology (SSTL), based in Guildford, UK, unveiled its portion of Eutelsat’s highly versatile ‘Quantum’ satellite on January 9th. The satellite is being built under a public–private partnership between the European Space Agency (ESA) and the satellite operator Eutelsat with Airbus as the prime contractor. The satellite platform, which has been designed and manufactured […]
Sky is taking a stake in TV software and content protection business Synamedia, where Dr Abe Peled is chairman. Sky joins Synamedia’s existing major shareholder Permira in the company, which was bought out of Cisco and is perhaps better known under its old NDS name. Both Sky and its parent company Comcast are long-time Synamedia […]
International digital entertainment group MTG has secured a SEK 1 billion (€98m) credit facility from Nordic financial group Nordea, which will provide additional funding for MTG after the spin-off and listing of Nordic Entertainment Group (NENT Group) in Q1 2019. In addition, the previously announced agreement to sell MTG’s shareholding in Nova Broadcasting Group to PPF […]
Innovid, the video advertising platform, has secured $30 million in pre-IPO funding from Goldman Sachs’ Private Capital Investing group. Innovid will use the additional capital to further its innovation and leadership in the connected TV (CTV) advertising technology market, as well as to expand its global footprint. “Innovid continues to push the boundaries for what […]