Mobovivo announces $1 million funding for second screen technology

Posted by Techvibes NewsDesk

Calgary's Mobovivo, a leading provider of video technology to producers, distributors, networks, and film studios, announced today that the company has raised $1 Million to launch its social TV platform internationally.

The funds, raised from an investment syndicate including angel investors and AVAC Ltd., a direct investor in early-stage companies, will be used to launch Mobovivo’s StayTuned platform that includes powerful second screen features.

"Watching TV and movies is going to get a lot more social and interactive in 2012," said Trevor Doerksen, Mobovivo founder and CEO. “Mobovivo’s StayTuned Platform allows our customers to stay tuned to audiences, and fans to tune-in anytime.

The StayTuned platform powers marketing and distribution of TV and film through branded and specialized entertainment apps, which drive audiences to content on mobile devices, in theatres and on broadcast television. StayTuned apps capture an audience’s attention and deliver a rich and connected media experience throughout a film, or TV show’s complete product life cycle.

Company:
Mobovivo Inc.
Website:
http://www.mobovivo.com
Location:
Calgary, Alberta, Canada

Mobovivo is a team of TV producers and talented software engineers that turn the TV industries biggest threat - mobile devices pulling audiences away from TV - into their greatest asset - ad revenue. more

Company:
AVAC Ltd.
Website:
http://www.avacltd.com
Location:
Calgary, Alberta, Canada

AVAC Ltd. is a private not-for-profit company that invests strategically in promising early-stage commercial businesses focusing on the expansion of Alberta’s value-added agri-business, ICT, life sciences, and other industrial technology sectors. AVAC also participates in commercially-relevant agricultural research and is a strategic fund-of-fund investor in early stage venture capital. Created in 1997, AVAC has... more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more



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