News

PlayerLync receives $12.5M from funding effort

November 5, 2018

Mobile content platform PlayerLync has secured $12.5 million in its latest funding round and aims to use the funds for growth strategies, from marketing to entering new markets.

Volition Capital led the financing with participation by Anschutz Venture Group, a longtime investor in PlayerLync, according to a press release.

"From our backgrounds, we understand that 'carrier-grade' is table stakes for enterprise customers today. So, we built PlayerLync on a technology foundation that excels in performance, quality and security. Then we took it a step further by designing functional teams modeled after world-class SaaS organizations," said Bob Paulsen, CEO of PlayerLync, in the release.