▼ Scroll to Site ▼

Clearleap Closes $20M Series C Round, Will Further Expansion

Article Featured Image

Clearleap, an IP-based content management and distribution company based in Atlanta, Georgia, announced today that it has closed a $20 million Series C funding round. The round was led by Susquehanna Growth Equity, with participation from existing investors Trinity Ventures and Noro-Moseley. This round brings Clearleap's total funding to $36 million.

The investment will go toward furthering Clearleap's expansion both in the U.S. and around the world. The company notes that it opened a European headquarters in Amsterdam, Netherlands, in August of this year. It operates data centers in Frankfurt, Germany, and Amsterdam.

The Clearleap multiscreen platform gives content owners and providers a framework for enhancing existing video services and creating new services. Clearleap counts HBO, Verizon, Time Warner Cable, and Travel Channel as clients.

“Our goal is to become the technology partner of choice for every content owner or service provider looking to supercharge their efforts to deliver video across every screen," says Braxton Jarratt, Clearleap's CEO. "This round of funding enables us to realize this goal much faster and cement our reputation in this space.”

Clearleap released ClearPlay Authentication in July, 2012, a TV Everywhere authentication system integrated with Adobe Pass. The service was created to make authentication easy and inexpensive for broadcasters.

Streaming Covers
Free
for qualified subscribers
Subscribe Now Current Issue Past Issues
Related Articles

OTT Subscribers Much Happier With Service Than Cable Subscribers

Younger and older adults watch OTT content differently, with younger viewers more comfortable with smaller screens and login sharing.

Sports Fans in No Hurry to Cut the Cord, Finds Clearleap Survey

Will cable survive now that Sling TV offers ESPN streaming? A survey suggests that sports viewers are happy to stick with what they have.

Get Recommendations Right: Thumbs Up as Important as Thumbs Down

While services might want stay positive and only let members vote up content they like, negativity plays a crucial role in recommendations, says Clearleap.

A+E Networks Partners with Clearleap for VOD Distribution

Clearleap will manage distribution for several A+E properties, with the possibility of managing A+E's TV Everywhere distribution in the future.

Clearleap Introduces Sports Solution for Multiplatform Delivery

A cloud-based solution targets the biggest sporting events, promising to stream them to all viewers with only a few seconds delay.

Clearleap Dives Into Viewer Authentication with ClearPlay

System aims to increase use of TV everywhere services with flexible customer authentication.

Clearleap Offers Nielsen C3 Solution for Online Video

Media services offering lets broadcasters quickly distribute content to take advantage of 72-hour ratings window.

BigBand and Clearleap Team-up for IP Video Solution

New offering lets cable operators compete with OTT services by streaming to connected TVs and mobile devices.