Congratulations to the teams at two of our portfolio companies, ViKi and Animoca, for raising their next round of funding.
On 20 Oct, ViKi announced that it had raised US$20 million from strategic partners SK Planet, BBC Worldwide and existing investors, Neoteny included. To date, the company has raised a total of US$24.3 million. Joi blogged about our investment in ViKi almost a year ago and have been actively involved on its board since. All of us chipped in, but in the end, the ultimate kudos goes to Razmig and his team for growing the international video site to more than 10 million viewers and translators, with shows translated into more than 150 languages; can’t wait to see how much further ViKi can go with the new content they have licensed from BBC Worldwide, NBC Universal, A+E Networks International, HISTORY and BIO.
On 15 Nov, Animoca raised an undisclosed amount from Intel Capital and IDG-Accel. It is always an honor to work with seasoned entrepreneurs like Yat. We’re happy to have participated in their first round of financing, and would like to congratulate Yat and his team for this latest round, and for working hard to release over 150 apps for the Apple iOS and Google Android platforms which have garnered in excess of 40 million downloads, all in the span of 10 months.
Both companies are growing at a blistering pace. ViKi represents the sort of disruption we love in our investments. Animoca embodies the dogged execution of seasoned entrepreneurs we respect. We wish both teams all the best in the months ahead.