Vizbee Inc. announced that it has received funding from TEGNA Inc., Turner Broadcasting System, Inc., Core Capital Partners, Armory Square Ventures, Kinetic Ventures, L.L.C., New Enterprise Associates
January 22, 2018
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On January 23, 2018, Vizbee Inc. closed the transaction. The transaction involved participation from new investors TEGNA Inc. (NYSE:TGNA), Turner Broadcasting System, Inc., existing investors Core Capital Partners, Armory Square Ventures, L.P. a fund managed by Armory Square Ventures, Kinetic Ventures, L.L.C., and New Enterprise Associates.
Tegna Inc. is a media company, which is engaged in providing stories, investigations and marketing services. The Company owns and operates approximately 64 television stations and two radio stations in 51 United States markets and owns four network affiliates in approximately 25 markets among independent station groups, reaching approximately 39% of United States television households. The Company also owns multicast networks, which include True Crime Network, Twist and Quest. Through TEGNA Marketing Solutions (TMS), its integrated sales and back-end fulfillment operations, it delivers results for advertisers across television, digital and over-the-top (OTT) platforms, including Premion, its OTT advertising network. Its Premion business operates an advertising network for OTT streaming and connected television platforms. The Company also operates VAULT Studios, which develops original television programs developed from its stationsâ library of true crime and investigative content.
Vizbee Inc. announced that it has received funding from TEGNA Inc., Turner Broadcasting System, Inc., Core Capital Partners, Armory Square Ventures, Kinetic Ventures, L.L.C., New Enterprise Associates