wallaroo nybased 25m series microsoft m12wiggersventurebeat, a New York-based tech startup, recently announced the completion of a 25 million dollar Series B funding round led by Microsoft’s venture fund M12 and joined by Wiggers Ventures and Venturebeat. This major funding round is an important milestone for the business that has seen its growth exponentially since its inception at the end of the year 2016. This capital raise will enable Wallaroo to invest in product development, staffing as well as other areas of expansion.
Wallaroo Media:
Wallaroo Media is an NYC-founded startup in the year 2018 with the help of Justin Wiggers and Ryan Stoner. The company’s primary focus is making machine learning and data science accessible and useful for companies of all sizes. They’ve developed a robust data platform, called Wallaroo which helps companies quickly analyze huge amounts of data and get real-time insight.
Wallaroo has announced recently that it has concluded the 25 million Series A round managed by M12, Microsoft’s venture capital fund. This is the biggest series A ever made by an NYC-founded startup. The funding will be used to expand wallaroo’s nybased 25m series microsoft m12wiggersventurebeat platform to more customers and grow their team to include more engineers and data scientists.
In a new report in VentureBeat, the acquisition of Wallaroo will be part of a wider trend of larger corporations investing in companies within the field of data science. With giants like Google, IBM, and Microsoft at the forefront, it is clear that there is a huge market for startups such as Wallaroo.
This new funding will certainly help wallaroo nybased 25m series microsoft m12wiggersventurebeat continue to innovate and provide customers with even better products and services. This is a thrilling time for this company and we’re looking to see what they can do with these new funds.
25M Series:
Wallaroo Media, a New York-based media firm, has recently announced its latest investment round of 25 million. It was a Series A investment led by Microsoft’s Venture arm M12 and included additional participants through Wiggers Ventures. The new round of funding comes just after the company’s announcement of the Wallaroo platform which lets users create and share their experiences via video.
With this new round of funding, Wallaroo Media plans to increase its product and engineering teams to improve the quality of the platform and extend its coverage. Wallaroo’s chief executive officer, Dave Tepper, shared his enthusiasm for the new round of funding and said “This is a very exciting moment to be a corporation in the years ahead as we invent and develop products that change the way that people communicate stories. We are thrilled to have Microsoft’s venture arm M12 and wallaroo nybased 25m series microsoft m12wiggersventurebeat Ventures join us on this journey.”
The announcement was received with enthusiasm by investors as well as professionals in the field. VentureBeat published an article that praised Wallaroo’s vision of developing a simple platform that lets users communicate through video. With the assistance of the latest investment, it seems like they’ll be able to do exactly that.
This Series A round of 25 million is only the beginning of Wallaroo Media’s bold plans to change the way we tell stories through video. With this massive boost of capital, we’re certain to witness some incredible things from Wallaroo Media in the near future.
wiggers:
Wiggers is an investment company that focuses on emerging market startups. It was founded by Jeffrey Wiggers, it has invested in over fifty companies around the world which includes Wallaroo Media. The company has assisted Wallaroo Media to close its 25 million series of funding by securing the help of M12, Microsoft’s venture arm. M12. This investment is a testament to the strength of wallaroo nybased 25m series microsoft m12wiggersventurebeat products and services, and the impact they are having on their target markets. With the new funds, wallaroo’s nybased 25m series microsoft m12wiggersventurebeat will be able to expand its services and continue to innovate in the digital media space. Wiggers’ funding was highlighted in a VentureBeat article that focused on Wallaroo’s growth potential. With the 25M series, Wallaroo hopes to establish itself as a leading player in the field of digital media.
VentureBeat:
VentureBeat recently announced the fact that Wallaroo Media, a New York-based advertising and media platform has raised $25 million in its most recent financing round, spearheaded by the Microsoft M12 unit.
Wallaroo intends to help publishers improve their revenues from digital media and provide better ad experiences for their viewers. They also offer brands access to a vast video library, allowing users to assess the impact of their advertising campaigns.
The new round of funding will be an expansion of the previous round that was announced in October of this year that saw investments from Wiggers Ventures the venture capital company run by David Wiggers.
The money can be utilized to boost Wallaroo’s growth as well as expand its engineers and product experts in order to meet the demands of the market. Wallaroo plans to introduce additional tools and products to improve the quality of their video advertising solutions.
With the current trend toward digital video streaming the new round of capital could have a significant impact on Wallaroo as they seek to keep innovating within the field. As Wallaroo grows and expands, it will be interesting for us to know how this new investment helps the company achieve its goals.
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