What is Multimedia Plus?
Multimedia Plus (MMP), based in New York, is revolutionizing how brands engage with their customers worldwide through its patented technology platform, INCITE powered by QuizScore®. This innovative solution delivers bite-sized learning segments, fully customized programs, and robust tracking capabilities to enhance staff communication and mentoring. The platform is designed for high performance and execution, correlating directly to business results with real-time skill building and low-bandwidth video delivery. MMP's programs are utilized by global brands and are available in over 22 languages, demonstrating its extensive international reach and impact.
How much funding has Multimedia Plus raised?
Multimedia Plus has raised a total of $1.2M across 3 funding rounds:
Debt
$827K
Debt
$150K
Debt
$263K
Debt (2015): $827K with participation from StoneWater Capital
Debt (2020): $150K led by PPP
Debt (2021): $263K supported by PPP
Key Investors in Multimedia Plus
PPP
Public-Private Partnership
StoneWater Capital
StoneWater Capital is a private equity firm founded in 2003, specializing in investment opportunities in emerging and frontier markets, with a focus on Asia, Latin America, Africa, and Eastern Europe. They are known for investing in quality businesses with strong growth potential.
PPP
Public-Private Partnership
What's next for Multimedia Plus?
The substantial enterprise-level funding, particularly the recent strategic investment, positions Multimedia Plus for accelerated growth and market expansion. This capital infusion is expected to fuel further development of its INCITE platform, enhance global sales and marketing efforts, and potentially explore new verticals or service offerings. The company's focus on measurable business outcomes and adaptable communication solutions suggests a strategic direction aimed at solidifying its leadership in the corporate training and communication technology space.
See full Multimedia Plus company page