What is OMModify?
OMModify operates as an enterprise-class, white-label digital video distribution platform. It specializes in On-Demand and Instant-Video distribution and downloading, mirroring functionalities seen in platforms like Apple iTunes and Amazon Instant Video. The system includes a cloud-streaming component or digital locker, comparable 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/Electronic Sell-Through (DTO/EST) retail sale. This empowers any video publisher to leverage their existing website infrastructure and compete effectively in the expanding DTO/EST 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. It functions with existing shopping carts and delivers protected video programs through a branded digital video player, downloadable to various devices or streamable instantly. OMModify's ease of implementation on existing websites provides international and post-disc buyers with a digital ownership option akin to DVD purchases.
How much funding has OMModify raised?
OMModify has raised a total of $15K across 1 funding round:
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 acquisition of moderate growth capital, OMModify is poised to accelerate its expansion within the digital video distribution sector. The Series A/B growth stage funding indicates a strategic move towards scaling its white-label platform capabilities and enhancing its market penetration. Future developments are likely to focus on refining the platform's integration with diverse e-commerce solutions, expanding its protected content delivery mechanisms, and potentially exploring new monetization strategies. The company's emphasis on publisher retention and revenue share suggests a sustainable growth model that could attract further investment and strategic partnerships as it solidifies its position against larger, established players.
See full OMModify company page
