What is Zonetv?
Zonetv operates Zoneify, a free streaming platform offering a vast library of movies, TV shows, and over 75 channels. The platform is strategically positioned to bridge the gap between brands and a high-quality audience across millions of devices and Pay TV households. This unique model facilitates diverse advertising opportunities and strategic partnerships, while also enabling media companies and content owners to leverage ZoneTV's technology for their own streaming services.
How much funding has Zonetv raised?
Zonetv has raised a total of $26.6M across 2 funding rounds:
Angel/Seed
$4.1M
Other Financing Round
$22.5M
Angel/Seed (2015): $4.1M with participation from BEST Funds
Other Financing Round (2022): $22.5M led by Manulife Securities and BCI
Key Investors in Zonetv
Manulife Securities
Manulife Securities provides investment advisory services across Canada, offering a wide range of product solutions and services tailored to client needs.
BCI
Block Communications Inc. (BCI) is a diversified media company offering cable television, internet, data services, and newspaper publishing.
BEST Funds
B.E.S.T. Funds is a Canadian venture capital and private equity firm specializing in software, cloud computing, financial services, and clean tech, with a history of supporting high-potential companies.
What's next for Zonetv?
The substantial enterprise-level funding indicates Zonetv is poised for significant scaling and market expansion. This capital injection is likely to fuel advancements in its streaming technology, broaden its content acquisition, and enhance its advertising solutions. The company's focus on connecting brands with engaged viewers through its free streaming model suggests a strategic push to capture a larger share of the digital advertising market and solidify its position as a key player in the connected TV ecosystem.
See full Zonetv company page
