DramaFever, a US-based online video platform, has increased by $1.5m its $4.5m series B round that initially closed in March with a host of media companies joining the syndicate as strategic investors.
Cable network AMC, Germany-based media group Bertelsmann’s Digital Media Investments corporate venturing unit and NALA Investments, the family office for the Diez Barroso Azcarraga family, which founded US Hispanic networks Televisa and Univision, were the corporate investors joining the B round.
In addition, Machinima co-founder and chief executive (CEO) Allen DeBevoise and LowerMyBills.com founder and CEO Matt Coffin also contributed to DramaFever’s B round extension.
Venture capital firm MK Capital had led the initial $4.5m close in March, which also included YouTube co-founder Steve Chen, Badoo chief operating officer Benjamin Ling, Stubhub founder Jeff Fluhr, GraphEffect president Stephano Kim, Wikets CEO Andy Park and Capital IQ co-founders Randy Winn and Steve Turner.
DramaFever has in total raised $7.8m…
