HTGF, Media Ventures et al. in $8.5m round for Make.tv

Corporate venture players Voyager Capital, Microsoft Ventures and Vulcan Capital are also backing the round, alongside US VC Arnold Ventures. Dimensional Ventures, the holding company of Make.tv co-founders Andreas Jacobi and Andre Schnitzler, will also provide capital.

Erik Benson of Voyager will join the board along with former Adobe Systems CEO Bruce Chizen.

Make.tv will use the new funding to open new headquarters in Seattle as well as new offices in Los Altos. It will also expand the engineering and customer support teams in Cologne.

Previous funding
Shortly after the company's foundation in 2007, a group of business angels provided seed financing of an undisclosed sum.

Then in December 2008, HTGF led the first institutional funding round of €500,000.

Company
Make.tv is a cloud-based video live streaming service that hosts contributor-based and crowd-sourced content as well as corporate content. Corporate partners include ESL, MTV/Viacom, Fox Sports Brasil and the Swiss Broadcasting Corporation. The company was founded in Cologne in 2007.

People
Make.tv – Andreas Jacobi (CEO).

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• Topics
• Expansion
• DACH
• Technology
• Germany
• Venture
• High-Tech Gründerfonds