What is Vix?
ViX is a free, on-demand content platform offering a wide array of series, novelas, and movies in Spanish. The service, which falls under Univision Communications, Inc., caters to Spanish-speaking audiences with diverse genres including drama, comedy, and crime, providing accessible entertainment options.
How much funding has Vix raised?
Vix has raised a total of $78M across 8 funding rounds:
Series B
$5M
Series C
$30M
Series D
$2.5M
Unspecified
$15M
Other Financing Round
$16M
Series A
$3.1M
Private Equity
$6M
Debt
$350K
Series B (2006): $5M with participation from H.I.G. Capital
Series C (2007): $30M led by HIG Capital
Series D (2009): $2.5M supported by H.I.G. Capital
Unspecified (2011): $15M, investors not publicly disclosed
Other Financing Round (2011): $16M backed by HarbourVest
Series A (2015): $3.1M with participation from Pin Payments
Private Equity (2017): $6M, investors not publicly disclosed
Debt (2020): $350K supported by PPP
Key Investors in Vix
H.I.G. Capital
H.I.G. Capital is a leading global alternative investment firm with billions of capital under management, focusing on the mid-cap segment. Their expertise spans private equity, growth equity, and direct lending, aiming to create long-term value across various strategies.
HarbourVest
HarbourVest Partners offers private markets investment solutions, including fund investing, secondary, and direct co-investments. They are known for providing clients with access to commingled funds or separately managed accounts.
What's next for Vix?
The substantial enterprise-level funding and strategic investment received by Vix indicate a strong trajectory for scaling its operations and content library. This capital infusion is likely to fuel further platform development, content acquisition, and market penetration within the Spanish-speaking demographic. The company is poised to enhance its competitive edge in the streaming landscape, potentially exploring new distribution channels and technological advancements to solidify its position.
See full Vix company page
