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S’pore video site Viddsee secures S$3.27 million1 min read

6 October 2015 < 1 min read

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S’pore video site Viddsee secures S$3.27 million1 min read

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It’s a multi-million dollar coup and another feather in the cap for Singapore-based video site Viddsee.com (http://www.viddsee.com), the hybrid online video platform that specialises in showcasing Asian short films and indie cinema. The Singapore start-up has raised US$2.3 million (S$3.27 million) to date, after bringing Japan-based CyberAgent Ventures (CAV) in as lead investor in its latest round of funding to develop the new wave of mobile-powered cinema, starting with Asia.

Said Takahiro Suzuki, spokesperson for CAV: “There’s no lack of content or creativity from Asia, but the real push in creating relevance with audiences is accessibility in both medium and content. We are confident that technology will facilitate the new wave for cinematic content in the online video space, especially in markets like Indonesia where mobile devices are the first touch points to the Internet for many.”

Viddsee is a hybrid video platform similar to other video sharing platforms such as YouTube and Vine, but specifically focused on showcasing curated Asian short films. They are a prime example of how online platforms are changing the media industry by giving content creators a growing range of accessible distribution platforms.

Read the full article here>> via Today
Image: Today

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