Unicorn Media and Nexeven Form Strategic Partnership
STOCKHOLM-BASED VIDEO PROVIDER PARTICIPATES IN SERIES A INVESTMENT ROUND WITH UNICORN MEDIA AND DELIVERS ITS PATENTED VIDEO TECHNOLOGY SOLUTIONS INTERNATIONALLY
TEMPE, Ariz., Feb. 8, 2012 /PRNewswire/ -- Unicorn Media, a mobile monetization technology provider, today announced that it has formed a strategic partnership with Nexeven, one of Europe's leading online video solutions providers. Nexeven is a Series A investor in Unicorn Media and will market the company's patented suite of mobile monetization and workflow optimization solutions across more than 60 countries.
Founded in Stockholm, Nexeven currently markets to Western Europe, the Middle East, Eastern Europe, Russia and Scandinavia, with plans to expand to Asia and Africa in the near future. Nexeven provides an online end-to-end video solution that allows national and international video content owners, broadcasters and publishers to unicast their content globally.
Unicorn Media's innovative technology solutions were designed to help video publishers monetize their content on every Internet-connected device, streamline workflows and reduce the complexity of file management. Unicorn Once™ makes it possible to ingest a file one time and reach any video-enabled device via a single URL while allowing for dynamic insertion and real-time analytics across every platform. Unicorn Media customers have the ability to easily reach over 4,400 devices including iPhone, Android, BlackBerry, iPad, Roku, Boxee, game consoles and more.
"As we were expanding our business in the EMEA territories, it became clear that the Unicorn Media set of services was essential for us to serve the needs of our clients. As the proliferation of video across multiple devices continues to grow at a rapid pace, Unicorn's patented technology plays a crucial role in solving customer challenges. In addition to the business relationship, we have made a substantial investment in Unicorn Media Inc., as Unicorn clearly has, and will have, the most advanced and customer-oriented solution in the market," Johan Frisch, CEO, Nexeven.
"We're thrilled to be working with Nexeven, both as a business partner and as an investor. It became obvious when first developing the relationship that we had common interests, and this lead to the significant partnership we're announcing today. We expect the relationship to become tighter and the territory to be broader over time," said Bill Rinehart, Founder and CEO, Unicorn Media.
Nexeven provides an end-to-end service for online media management and delivery. Developed with broadcasters and high-volume content rights owners in mind, Nexeven Video Solution offers a flexible and tailor-made solution for your current and future needs. http://www.nexeven.se
About Unicorn Media, Inc.
Unicorn Media, Inc. is a mobile monetization technology provider that helps companies deliver media to any device, anytime, anywhere, while providing real-time analytics on any platform. Unicorn's core services include Unicorn ONCE™, Unicorn VISION™ and Unicorn ELEMENTS™, technology that allows users to syndicate to any Internet-connected device, track content in real-time across any platform and optimize workflow to maximize profitability. http://www.unicornmedia.com.
SOURCE Unicorn Media, Inc.
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