Posted September 07 , 2021
Media delivery technology company Streaming Global announced today the successful completion of a Series SEED private capital raise. The Company raised a total of $8 million, oversubscribing its $6 million target for the round by 25%. Terms of the round were not released but a portion of the Company’s Common Stock was sold to a number of Accredited Investors in rolling closings. Combined with the previous Friends and Family round, the Company has raised over $10 million to date.
Richard Oesterreicher, CEO of Streaming Global, said: “The success of this round during a period with unprecedented global headwinds is a testament to the strength of the Streaming Global business offering and market timing. The Company continues to chart a course of aggressive growth through unsteady times. The proceeds of this round are being used to increase in-house capabilities to deliver and support the large opportunities ahead.”
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