News - 11.07.2014

Iris Capital invests in Mediakraft

Iris Capital completes €16.5 million financing for Germany’s Mediakraft Networks

 

Mediakraft Networks, the largest online TV broadcaster in Central Europe, achieved a significant milestone for the webvideo industry in Europe. Never before, has an online TV multichannel network in German and the European Union secured a higher venture financing. “This is the next level for the online video industry. We are redefining and revolutionizing video content for online audiences and the new financing will boost our power for customers and partners while cementing our leading position in the market” said Spartacus Olsson, CEO of Mediakraft Networks.