Toronto-based QuickPlay Media, has closed a US $12 million round of financing led by GMP Securities L.P. and included participation from existing venture capital partners General Catalyst Partners, JLA Ventures and Ventures West. This round of financing is said to help the company expand its QuickPlay’s OpenVideo Platform and associated solutions including PrimeTime2Go.
“The mobile entertainment industry continues to experience strong growth, and QuickPlay is well positioned to capitalize on these opportunities,” said Neil Selfe, managing director of GMP Securities L.P. “We are proud to be associated with such an exceptional company.”
The PrimeTime2Go solution allows consumers to set their mobile devices to automatically deliver full episodes of popular TV programs as they become available.
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