Bedrocket Media Ventures Secures $15,000,000 Series A Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1f905a50-16fb-4e4f-b3c0-4361d94a0353&Preview=1
Date
9/5/2012
Company Name
Bedrocket Media Ventures
Mailing Address
560 Broadway New York, NY 10012
Company Description
Bedrocket is a next generation media and entertainment company. Bedrocket was created to capitalize on the paradigm shift of video distribution from cable satellite to digital platforms as well as the equally dramatic shift from passive viewing to active engagement. We are creating an evolution for consumer engagement with video content creation and distribution across all digital platforms.
Website
http://www.bedrocket.com
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Series A
Proceeds Purposes
Bedrocket will use the proceeds to invest in the growth of the company, which creates pioneering original content distributed through emerging cross-platform networks and social engagement.
M&A Terms
Venture Investor
New Enterprise Associates