Wildmoka, a digital video production company, has raised $8 million in Series A funding led by Alven Capital with participation from previous investor Apicap.
The cloud-based platform is used by broadcasters to gather, clip, and share highlights of video content online and across social channels. The Paris-based company’s clients include NBC, CANAL+, FOX, and Orange. The new funds will be used to grow its presence internationally and further develop the platform itself.
“While the funding will help us broaden our sales focus, most importantly, it will allow us to continue driving value for our existing customers. It means they will see more innovation from us at a faster pace,” said the founders of the company in a statement.
Alven partner Raffi Kamber will be joining Wildmoka’s board of directors as part of the investment.
Live content distribution on web, mobile and social has become a key strategy for broadcasters and media companies, said Kamber.
“By using next-gen technologies like speech-to-text, video recognition, and machine learning, Wildmoka ensures that its offering is well-timed with fans’ rapidly increasing demand for a highly personalized digital experience,” he said.