US-based youth television platform iHigh secures $60m valuation after Cox's backing.
US-based media company Cox Media Group has helped iHigh, a US-based youth television platform and online network, raise $11.7m.
The company said Cox’s investment valued it at $60M.
iHigh allows organisations to broadcast content to PCs, smartphones, tablets, and any other Internet-connected device.
Doug Franklin, president, Cox Media Group, said: "This strategic investment in iHigh is a long-term opportunity for Cox Media Group, and aligns with our mission of creating scalable content and advertising services businesses. We believe…