3TS commits $7.2m to Visual Unity

3TS drew down capital from 3TS-Cisco Growth Fund III, a CEE-focused vehicle investing in companies spanning technology, media and telecommunications.

The company will use the fresh funding to increase its sales efforts with the aim of expanding its international customer base. An increased focus will also be given to product development, following the investment.

Company
Founded in 1991 and based in Prague, Visual Unity is a multiscreen solution provider that helps clients engage audiences on a range of screens via its platform. It has developed turnkey solutions including playout facilities for live internet streaming and on demand services.

The company is present in Los Angeles, Munich, Prague, Moscow, Istanbul, Dubai and Hong Kong.

People
Jiri Benes is a partner at 3TS, based in Prague.

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