StudioNow Scores $5M, Adds to Management Team
StudioNow, a company/marketplace that aims to connect video producers with brands and media companies, just raised $5 million in a Series B funding round. Led by FCA Venture Partners, the funding round also gained support from StudioNow’s previous investor, Claritas Capital.
In addition to the latest funding, StudioNow made some executive hires to assist the company’s growth. Rob DeMillo will serve as the company’s chief technology officer, heading StudioNow’s new San Francisco office. The company has also named Rob Tanner as the CFO, Michael Thompson as the CRO, and Kelly Metz as the vice president of business development.
Founded in early 2007, StudioNow was acquired by AOL three years later for $36.5 million in cash and stock. David Mason, the company’s CEO and founder, along with Claritas Capital led a deal last year to make the company an independent entity once again, undoing the AOL acquisition.
StudioNow links up content creators and production companies with brands and platforms. They have worked with major brands such as Toyota, Twitter, IBM, AT&T, and StyleList. Rhett & Link count among the creators who have worked with the company when they made branded content for freecreditscore.com.
StudioNow has its headquarters in Nashville. It also have offices in New York and now San Francisco, from which the company works for businesses in 52 countries worldwide.Tags: AOL, branded content, claritas capital, content creators, fca venture partners, Rhett & Link, Series B, studionow