VHX, a NY-based provider of an online digital distribution platform for artists to sell video content and connect with fans, raised $5m in Series B funding.
The round was led by Comcast Ventures with participation from Union Square Ventures, Keith Calder, Lerer-Hippeau Ventures, Lowercase Capital and Alexis Ohanian. In conjunction with the funding, Comcast Ventures’ Sam Landman joined VHX’s board.
The company intends to use the funds to expand its platform.
Founded in 2000, VHX provides an digital distribution platform that allows artists to sell their video online directly to their audience from their own website.Ā It features over 3,500 titles and $4.7M in total sales.
The company currently employs 20 people.
FinSMEs
08/01/2015