Ripe Digital Entertainment, a provider of on-demand television, received $32 million in series-B financing from Hearst-Argyle, Time Warner Investments, Columbia Capital and Rho Ventures.
The company said it will use the capital “to launch additional on-demand television networks, build its broadband and mobile strategy and accelerate its development of measurable advertising and compelling programming.”
Ripe launched two multiplatform on-demand networks, RipeTV and OctaneTV.
The smarter way to stay on top of the multichannel video marketplace. Sign up below.
Thank you for signing up to Multichannel News. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.