Laminar raises $5 mn in Seed funding from Leo Capital, Artha India Ventures, others

Laminar raises $5 mn in Seed funding from Leo Capital, Artha India Ventures, others

Laminar Global is a media-tech company, offering a cloud-based PaaS

AgenciesUpdated: Tuesday, May 24, 2022, 01:45 PM IST
article-image
London-based Laminar enables content owners to launch a global OTT service in 12-weeks or less. /Representative image |

Laminar, a cloud platform as a service (PaaS) for media companies, has raised over USD 5 million (about Rs 38 crore) in seed funding from Leo Capital, Artha India Ventures, Garuda Ventures, Cloudcap and Sampson Acquisitions, according to a statement.

Laminar Global is a media-tech company, offering a cloud-based PaaS that enables content owners to launch a full-featured and scalable OTT service.

Laminar has a presence in London, Atlanta, Toronto, Dubai, New Delhi and Singapore and an engineering team based out of Wroclaw and Barcelona.

''Laminar raises $5 million in Seed funding from Leo Capital, Artha India Ventures, Garuda Ventures, Cloudcap and Sampson Acquisitions,'' the statement said.

Laminar's co-founder and CEO Narendra Nag said: ''Laminar will immensely benefit from the collective experience of our investors in rapidly scaling our business and expanding our global footprint''.

London-based Laminar enables content owners to launch a global OTT service in 12-weeks or less.

''Media companies get the ability to customise and launch apps across all classes of devices, set up multiple types of monetisation options, meet all tax and compliance requirements, and get a complete data and analytics suite -- all out of the box,'' the statement added.

(With PTI inputs)

RECENT STORIES

Total Market Borrowings By States, UTs To Cross ₹2.81 Lakh Crore In October-December: Reserve Bank...

Total Market Borrowings By States, UTs To Cross ₹2.81 Lakh Crore In October-December: Reserve Bank...

Akasa Air Commences Daily Direct Flights Between Mumbai And Kozhikode, Now Operates 28 Weekly...

Akasa Air Commences Daily Direct Flights Between Mumbai And Kozhikode, Now Operates 28 Weekly...

RBI Proposes Easier Rules For Companies To Raise Foreign Currency Loans

RBI Proposes Easier Rules For Companies To Raise Foreign Currency Loans

India's Gold Reserves Rise By $2.2 Billion; Forex Stands At $700.23 Billion

India's Gold Reserves Rise By $2.2 Billion; Forex Stands At $700.23 Billion

Navratri Sales Of Consumer Goods Surge To 10-Year High As GST Cuts Boost Demand

Navratri Sales Of Consumer Goods Surge To 10-Year High As GST Cuts Boost Demand