What is Magine?
Founded in 2011 and headquartered in Stockholm, Sweden, Magine Pro specializes in empowering Over-The-Top (OTT) streaming businesses. The company provides a comprehensive platform that enables global clients to generate revenue through subscription, advertising, and transactional models. Magine Pro's extensive experience in the OTT sector, spanning both consumer and business-to-business markets, equips them to deliver the necessary technology, tools, and insights for launching and sustainably growing online video streaming services.
How much funding has Magine raised?
Magine has raised a total of $19M across 1 funding round:
Series A
$19M
Series A (2013): $19M, investors not publicly disclosed
What's next for Magine?
The recent major strategic investment suggests Magine Pro is poised for significant scaling and market expansion. This capital infusion is likely to fuel further platform development, enhance its global reach, and potentially explore new monetization strategies or partnerships within the competitive OTT industry. The company's focus on enabling thriving OTT businesses indicates a strategic direction towards solidifying its role as a key enabler for content providers.
See full Magine company page