Edge backs Airbeem

The investment will be used to grow operations and roll out the platform through increased sales and marketing activity.

Capital for the investment was drawn from Edge's £40m Creative Enterprise Fund, which launched in 2015 and is backed by the British Business Bank.

The deal follows a flurry of small investments in similar firms from Edge, including video platform Newsflare (December 2016); podcast platform AudioBoom (April 2017); factual TV production company Antidote (June 2017); and TRX, an online deal-making platform for TV rights licensing (October 2017).

Company
Airbeem is a software-as-a-service platform that enables content owners to publish and monetise their video content. It is based in London and was launched in 2012.

People
Edge Investments – Steve Carle (investment director).
Airbeem – Steve Hardman (CEO).

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