Medal, a NYC-based AI company providing the MedalTV clipping app, raised $13M in funding, at $333M valuation.
Backers included Horizons Ventures, OMERS Ventures, peak6, and Arcadia Investments.
The company intends to use the funds to expand operations and its business reach.
Led by Pim de Witte and Josh Lipson, Medal provides a platform for sharing short-form gaming content that is used by gamers to share moments with friends. With the help of acquisitions, including Middle Eastern game streaming platform Rawa.tv and mobile SDK startup Megacool.co., and Gif Your Game, Medal has been able to expand globally and offer its clipping technology across PC, console and mobile.
The company also announced the launch of Highlight whose key features included:
- Integration with Windows and MacOS
- Ability to publish web apps as natively running assistants in under a minute
- Contextual capture technology for enhanced AI interactions
- Streamlined cross-platform desktop app development
FinSMEs
11/07/2024