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Venture Capital

Top Vc Deals: Newtv Raises $1 Bln, And Kodiak Scores Funding

by cnbc.com posted 2months ago 38 views
A weekly recap of some of the most interesting venture capital deals, funds and start-ups. : NewTV, a subscription streaming service for premium short-form content that's launching by Christmas of 2019, aims to disrupt Hollywood the way HBO did in the 1990s, and has raised $1 billion in funding. The company is run by Jeffrey Katzenberg, the former chairman of Disney Studios, and former Hewlett Packard Enterprise CEO Meg Whitman. Investors include Disney, Comcast and Alibaba. Chinese artificial intelligence company SenseTime co-led a $199 million investment in MovieBook, a Beijing-based developer of video recognition software.

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