MiMedia, a New York City-based provider of a personal cloud for digital content, secured $15m in Series C funding.
Backers included Thorney Investment Group, Whitebarn Associates, R&R Venture Partners and Micromax Informatics.
The company, which has raised $35M in total funding to date, intends to use the funds to accelerate growth, expand its management team and support its existing and launched global distribution partnerships with tech, media and telecom companies.
Led by Chris Giordano, CEO, MiMedia provides a personal cloud for digital content, including photos, video, music and documents.
The service is built exclusively for consumers, available on all devices (smartphones, tablets, desktop, web and smart television) and digital files can be shared from any operating system. A key feature is its private sharing groups called “MiDrives”, where users can share personal media among invited family and friends and add a narrative to turn visual moments into personal stories.
MiMedia is available on iOS and Android mobile devices (smartphones and tablets), accessible via all web browsers and its desktop uploader allows users to upload content from any personal computer (PC or MAC).
FinSMEs
14/01/2016