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| [December 12, 2012] |
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Plizy Raises $4 Million in Series A Round
SAN FRANCISCO --(Business Wire)--
Plizy, the media center in the cloud that allows users to search,
organize, watch and share any content that is available online,
announced today it has raised $4 million in a Series A round from Atlas
Venture.
Plizy first launched its iPad app in May 2011 to allow users to find
relevant online videos based on their individual interest graph. In
November 2012, Plizy launched its version 2.0 with a completely new
Website and iPad app that offers a brand new experience across videos,
movies and TV Shows, and continues to offer content discovery and
sharing capabilities with deeper personalization.
With this new round of funding, Plizy will focus on expanding its
audience, aggregating more content from providers such as Cinemax,
Snagfilm and Starz, and building out its offerings across multiple
platforms, specifically on Android (News - Alert) and iOS. Plizy previously raised $1.2
million in angel round funding, joined by notable investor and
co-founder of Fotolia, Oleg Tschelzhoff.
"We are thrilled to have Atlas Venture as our sole investor because of
our long standing relationship with them and their success with
companies like Dailymotion - the largest digital media company to come
out of Europe," said Jonathan Benassaya, founder and CEO, Plizy. "As
video content is fragmented across many sites there is no easy way for
consumers to get access to the content they want. Plizy offers a unique
service for consumers to seamlessly search, organize, watch and share
any movie, TV show or video online."
David Marcus (News - Alert), President of PayPal will join Plizy's board of directors
alongside Fred Destin, partner in the technology group at Atlas Venture.
Both bring deep experience in web services and consumer facing
innovation.
"I have always had Jonathan on my star list of people to back and I was
thrilled he decided to go after video after his success founding and
launching Deezer," said Mr. Destin. "Video is both extremely exciting
from a content standpoint and completely broken from a user perspective.
We're going to solve that with Plizy by centralizing all content in one
place for easy viewing and discovery on any device."
Plizy is available on web browser (www.plizy.com)
and through its iPad app, and content can also be viewed on TVs using
the app through Apple (News - Alert) Airplay. Plizy currently has partners like Amazon
Prime, Amazon Instant Video, Crackle, Dailymotion, HBO Go, Hulu, Hulu+,
iTunes, Netflix, Vimeo, and YouTube (News - Alert).
About Plizy:
Plizy is the media center in the cloud that allows users to search,
organize, watch and share any movie, show or video that is available
online. Plizy aggregates more than 550,000 movies, 200,000 shows and
100,000,000 videos from the major video services making it the most
comprehensive database available on the market. Through Plizy, content
can be viewed on the iPad, web and TV, and users can discover new videos
based on their interests, preferences and moods. Developed around the
social graph, Plizy makes friends part of the viewing experience and
uses advanced algorithms to put consumers within one click of any
desired video. Founded by serial entrepreneur Jonathan Benassaya in May
2011, Plizy has raised $1.2 million in angel round funding and is based
in San Francisco, CA (News - Alert). For more information on Plizy visit www.plizy.com.
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