Amagi secures over $100M from Accel, Avataar Ventures, Norwest, and Premji Invest

Global media SaaS technology company Amagi Saturday has announced that it has secured over $100 million in funding round from Avataar Ventures, Accel Partners, Premji Invest and Norwest Venture Partners.

Speaking on the announcement, Baskar Subramanian, Co-founder and CEO of Amagi, stated, “Amagi will immensely benefit from the collective experience of Accel, Avataar, Norwest, and Premji Invest in rapidly scaling our business and expanding our global footprint.”

Amagi is a next-gen media tech company that provides cloud broadcast and streaming TV solutions to TV networks, content owners and streaming TV platforms. Amagi enables content owners to launch, distribute and monetize live linear channels on Free-Ad-Supported TV and SVOD platforms.

Amagi delivers 500+ channels with deployments in over 40 countries. Amagi has offices in New York, Los Angeles, and London, broadcast operations in New Delhi, and an innovation center in Bangalore.

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Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of  economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.

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