How Much Did OMModify Raise?
Funding & Key Investors

OMModify has secured $15K in total funding, with its most recent capital infusion of $15K categorized as moderate growth capital. This financing round, occurring on January 31, 2021, signifies a strategic move for the company as it navigates its Series A/B growth stage.

What is OMModify?

OMModify
SoftwareMultimedia, Games & Graphics SoftwareMobile App Development

OMModify operates as an enterprise-class, white-label digital video distribution platform, specializing in On-Demand and Instant-Video distribution and downloading. The platform is designed to function similarly to major services like Apple iTunes and Amazon Instant Video, incorporating a cloud-streaming component or digital locker akin to Ultraviolet. A key differentiator for OMModify is its model, which allows video publishers to retain direct client relationships and a significant majority (85%) of every Direct-to-Own (DTO) or Electronic Sell-Through (EST) retail sale. This empowers any video publisher to leverage their existing website infrastructure and compete effectively in the expanding digital video distribution market. The platform integrates seamlessly with existing web stores, offering customers the option to purchase digital downloads without leaving the publisher's site. OMModify supports protected video formats, delivering them to a branded digital video player that customers can download to various devices or stream instantly. The implementation is straightforward, enabling publishers to offer digital ownership options comparable to physical media like DVDs.

How much funding has OMModify raised?

OMModify has raised a total of $15K across 1 funding round:

2021

Debt

$15K

Debt (2021): $15K with participation from PPP

Key Investors in OMModify

PPP

Public-Private Partnership

What's next for OMModify?

With the recent influx of moderate growth capital, OMModify is strategically positioned to enhance its platform capabilities and expand its market reach. The company's focus on empowering video publishers with a robust, white-label solution for DTO/EST sales suggests a trajectory aimed at capturing a larger share of the digital content distribution market. Future developments will likely involve scaling its infrastructure to support a growing user base and increasing publisher adoption, further solidifying its competitive edge against larger, established players. The company's ability to facilitate direct publisher-consumer relationships and revenue retention is a significant factor in its ongoing growth narrative.

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Frequently Asked Questions Regarding OMModify Financial Insights

What are the most recent funding rounds that OMModify has completed, and what were the funding rounds?
OMModify has recently completed 1 funding rounds: Debt on Jan 31, 2021.
What is the total amount of funding OMModify has raised to date?
OMModify has raised a total of $15K in funding to date.
How many funding rounds has OMModify completed?
OMModify has completed 1 funding rounds.
How much funding did OMModify raise in its most recent funding round?
OMModify raised $15K in its most recent funding round.
Who are the lead investors in OMModify's latest funding round?
The lead investor in OMModify's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in OMModify's history?
The largest funding round in OMModify's history was $15K.
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