Plizy Raises $4 Million From Atlas Venture
Plizy is a video discovery platform company that has raised $4 million in Series A funding from Atlas Venture. The company released their iPad app about a month ago. Plizy plans on using the funding to build apps for iOS and Android along with expanding their audience.
The company is also working on partnering with new content partners like Cinemax, SnagFilms, and Starz. Ever since Plizy launched in May 2011, the company has partnered with companies like Netflix, YouTube, iTunes, Amazon Prime, Crackle, and Amazon Instant Video.
This is Plizy’s second round of funding. The company previously raised $1.2 million from angel investors.
[Source: TNW]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry