We are pleased to announce that MediaSilo and Wiredrive have joined forces to become the largest platform for creative video collaboration across advertising and media and entertainment.
When MediaSilo started back in 2008, it was an accidental launch – we started life as a production agency, and the MediaSilo platform began as a homegrown tool to solve our own problems aggregating video feedback. Over the years, we’ve grown and changed the platform with input from our customers, listening to their evolving needs as content slates exploded and distribution fundamentally changed. So when the opportunity arose to change and evolve ourselves by combining with one of our closest competitors, we jumped at the chance and the challenge.
As a combined entity with over 1,800 customers, we will be able to focus our resources in a new way. And we have big plans. These are exciting times, with content creation on the rise, and the business of entertainment being redefined in front of our eyes. New economies of scale challenge existing distribution models and open doors for new paradigms in storytelling. We will be a change agent, a partner on your side, and an innovator that helps our customers keep their focus on the business -- not technology -- of entertainment.
As part of combining the businesses, we are announcing a $7M capital raise from Boston-based Schooner Capital to accelerate growth towards our unified vision.
We will be a change agent, a partner on your side, and an innovator that helps our customers keep their focus on the business -- not technology -- of entertainment.
I look forward to sharing our new product vision with you, one that we began building two years ago. We recently showed 12 industry leaders a sneak peak and here is what they said: “There is nothing like this in video today…”, “I find this inspirational…”, “When can I have this?”. I can’t wait to get this platform in your hands. Of course, the existing MediaSilo and Wiredrive platforms will remain intact as well for our users who know and love them.
As CEO of the new entity and on behalf of the entire MediaSilo and Wiredrive team, I want to express our genuine excitement about the road ahead. To learn more about the exciting news, please check out our press release about the merger. Any questions or concerns? Feel free to email me at email@example.com.