OneTwoSee Closes Round of Financing
Philadelphia, PA - August 22, 2012 - Robin Hood Ventures is pleased to announce it has completed its funding as part of the $625K debt financing in OneTwoSee™, a Philadelphia-based interactive television company. Additional funding sources include Ben Franklin Technology Partners (BFTP) of Southeastern Pennsylvania and Mid-Atlantic Angel Group (MAG).
Jonathan Mellinger, deal lead for Robin Hood Ventures, said, "OneTwoSee™ 's applications are pioneering the way top-tier broadcasters and publishers integrate content with the mobile second-screen experience. RHV is pleased to be able to invest in a Philadelphia-based company that is developing cutting-edge products in this growing market."
"Early funding and support from Robin Hood has been vital for OneTwoSee™ to bring our technology to the market," said Chris Reynolds, Cofounder and CEO, OneTwoSee™. "Second screen applications are rapidly becoming a mandatory offering within the broadcast industry. The support we received from Robin Hood has enabled OneTwoSee™ to stay in front of our competition and bring our technologies to customers such as Comcast Sports Group."
The OneTwoSee™ platform is bringing a social TV experience to viewers through their growing number of customers in various areas of television. This round of financing will allow OneTwoSee™ to add more hires and expand their breadth of customers.
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About OneTwoSee™ The OneTwoSee™ platform is a state-of-the-art suite of technologies that support a variety of programming needs across all television verticals including sports, reality, news, scripted and event-based broadcasts. OneTwoSee™ leverages this platform as a base framework to support the rapid development and implementation of high value cross-platform social TV experiences while allowing customers to generate significant revenue from day one. This combination allows OneTwoSee™ customers to deliver unique high value social TV experiences that take less time to implement, are cost effective and highly valued by viewers and advertisers.
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About Robin Hood Ventures
Robin Hood Ventures is a group of angel investors, focused on early-stage, high-growth companies in the Greater Philadelphia region. We help entrepreneurs build great companies, providing capital, mentoring, expertise and connections to help companies reach their potential. Robin Hood generally invests $250k to $500k, and collaborates with angels, institutions and VCs in our network. We invest as a single entity in businesses we know and understand, in a way that gets deals done. Since 1999, we have invested over $14M in over 40 companies in industries including software, medical devices, biotech, internet and financial technology.
Website: www.RobinHoodVentures.com
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Robin Hood Ventures Ellen Weber Executive Director
(610) 993-9060 |
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