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Tubi TV Raises US$20 Million in Round of Funding
posted on by Rafael Antonio Pineda
Entertainment news magazine Variety revealed on Tuesday that streaming website Tubi TV raised US$20 million in a round of funding from Jump Capital, Danhua Capital, Cota Capital, and Foundation Capital. Tubi TV stated that it will use the funding to grow its staff and base.
Tubi TV is a free, ad-ed streaming service that launched in April 2014. The company is headquartered in San Francisco and has offices in New York and Beijing, with plans to open a new office in Los Angeles. The service is available via an app on NBC's Seeso in app s in 2016.
Funimation this week.
Source: Variety (Janko Roettgers)
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