Vuclip, a US-based provider of mobile video delivery services, has acquired assets from Jigsee, a peer with offices in Canada and India, for an undisclosed amount. In November, Vuclip raised $13m in its series D round led by SingTel Innov8, the corporate venturing arm for Singapore Telecommunications, with additional participation from venture capital firms Jafco Ventures and New Enterprise Associates. At the time of the D round, chief executive Nickhil Jakatdar said Vuclip was targeting “emerging markets”, particularly the Indian subcontinent. Jeff Karras, managing director of SingTel Innov8, said of the Jigsee deal: “It is inspiring to see Vuclip deliver on its ‘All Things Video’ strategy so aggressively and quickly. “With more than 45 million monthly unique users, a viable monetization strategy and strong leadership, Vuclip is positioned to capitalize on the massive growth in mobile video.” VuClip’s series B and C rounds concluded in 2009 and 2011, raising $6m and $8m respectively. Both rounds involved Jafco Ventures and New Enterprise Associates.
- News & Analysis
- Global Corporate Venturing
- Global University Venturing
- Latest News
- Deal Data
- Community & Events
Vuclip dances with Jigsee
Feb 17, 2013 • Global Corporate Venturing
LEADERSHIP SOCIETYInforming, connecting, and transforming the global corporate venture capital ecosystem.
The Global Corporate Venturing (GCV) Leadership Society’s mission is to help bridge the different strengths and ambitions of investors across industry sectors, geography, structure, and their returns.
Featured ContentFUNDING ROUND DATA Which corporates are backing which startups? Search our corporate deal database.
FUNDING ROUND DATA
Which corporates are backing which startups? Search our corporate deal database.NOMINATE Nominations for the GCV Powerlist 2024 are now open
Nominations for the GCV Powerlist 2024 are now openEventsWebinar: Startups and Strategics – What works and what doesn’tEventsGCV Institute: Landing the Value of Corporate VenturingTop News
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.test reg