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 provides diverse advertising opportunities and fosters strategic partnerships for brands across various sectors. Furthermore, ZoneTV's technology is available for licensing to media companies and content owners seeking to enhance their own streaming service offerings.
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
BEST Funds
B.E.S.T. Funds is a leading Canadian venture capital and private equity firm based in Toronto, specializing in software, cloud computing, financial services, and clean tech. With a proven track record of over 350 successful transactions, they provide venture capital funding, strategic advisory services, and publicly-traded investment vehicles to support high-potential Canadian companies.
Manulife Securities
Manulife Wealth Inc. investment advisors and mutual fund advisors are located in communities across Canada. The company's advisors will work closely with you to provide the advice you need and give you access to a wide range of product solutions and services that best suit you.
BCI
Block Communications Inc., (BCI), founded in 1900 and headquartered in Toledo, Ohio, provides media services such as cable television broadcasting, newspaper publishing, internet, and data services.
What's next for Zonetv?
The recent major strategic investment in Zonetv signals a strong confidence in its business model and future growth potential. This capital is likely to fuel further platform development, expansion of content offerings, and enhancement of its advertising technology. The company's focus on connecting brands with engaged viewers positions it for continued success in the competitive streaming market, potentially leading to further enterprise-level funding as it scales its operations and market reach.
See full Zonetv company page
