Liberty Global and You on Demand have backed cloud-based video service provider Frequency to support its global expansion.
US-based internet video service Frequency yesterday closed an $11m series B round that included media and telecoms firm Liberty Global and You On Demand (YOD), a pay-per-view and video-on-demand service provider.
Liberty Global participated through its corporate venturing subsidiary Liberty Global Ventures. Family office Oakmont Corporation also took part in the round.
Frequency provides video services to more than 100 million global subscribers for TV, mobile and online content. The company also provides distribution services for more than 120 multi-channel…