What is iflix?
Founded in 2014 and headquartered in Kuala Lumpur, Malaysia, iflix operates as a digital streaming service, offering a diverse library of movies and television shows to its subscriber base. The company has positioned itself as a key provider of localized and international content, catering to a broad audience within its target markets. Its strategic focus on delivering accessible entertainment solutions has been a cornerstone of its operational strategy, aiming to capture a significant share of the rapidly evolving digital media consumption market.
How much funding has iflix raised?
iflix has raised a total of $298M across 4 funding rounds:
Private Equity
$30M
Private Equity
$45M
Private Equity
$90M
Private Equity
$133M
Private Equity (2015): $30M with participation from Philippine Long Distance Telephone and Catcha Group
Private Equity (2016): $45M led by Sky and Emtek
Private Equity (2017): $90M supported by EMC, Liberty Global, Catcha Group, Zain, and Sky
Private Equity (2017): $133M featuring Philippine Long Distance Telephone, Catcha Group, Hearst, Sky, Jungle Ventures, Evolution Media, Liberty Global, Moelis & Company, and EDBI
Key Investors in iflix
Philippine Long Distance Telephone
Founded in 1928, Philippine Long Distance Telephone is a telecommunication, Internet, and digital service holdings company, offering a range of telecommunication services to its subscribers through wireless, fiber optic networks. Philippine Long Distance Telephone is located in the Philippines.
Catcha Group
Catcha Group is an organization focused on supporting entrepreneurs through its initiative, Entrepreneurs for Entrepreneurs. The company aims to foster a community where entrepreneurs can connect, share resources, and collaborate. Their services are designed to empower startups and small businesses, providing them with the tools and guidance needed for growth. Catcha Group primarily targets aspiring and established entrepreneurs looking for support in their business ventures.
Hearst
Hearst is a global diversified media, information, and services company that operates across a wide range of industries including journalism, broadcasting, financial services, healthcare information, and transportation technology. The company has a long-standing legacy of innovation and is recognized for delivering trusted content, data-driven insights, and technology-enabled services that support both consumers and businesses worldwide.
What's next for iflix?
With a significant capital base established through its various funding rounds, iflix is poised for accelerated growth and market penetration. The company's strategic direction likely involves further content acquisition, technological innovation in its streaming platform, and expansion into new geographical territories. The sustained investment from major players in the media and technology sectors suggests a clear trajectory towards scaling operations and solidifying its market position. Future developments may include strategic partnerships and enhanced user engagement initiatives to drive subscriber acquisition and retention.
See full iflix company page
