Published January 8th, 2015
Investment will be used to strengthen product and market development
Yesterday we made the public statement that we’ve secured funding from Newion Investments. With this significant investment we will be able to maintain our present organisational growth, to expand our product innovations and to accelerate our global market strategy. Getting “smart money” on board was a clear step on our strategic roadmap and we are happy that we now secured appropriate funds whilst maintaining our entrepreneurial and innovation driven spirit. This is our press release:
24i Media secures funding from Newion
Dutch TV app developer strengthens product and market development
Amsterdam/Heerenveen, 7 January 2015 – Amsterdam-based TV app software company 24i Media today announced that it has secured funding from Newion Investments. The investment will be used to scale up the organization to meet the rapidly increasing market demand for TV apps and to expand into new countries.
24i Media conceives, designs, develops, deploys and maintains high-value TV apps for any screen, from smart TVs to set-top boxes, game consoles, tablets and mobiles. With AppCore, its unique and proprietary TV app technology framework, 24i simplifies and streamlines app development and maintenance for TV platforms.
Martijn van Horssen, CEO of 24i Media, is delighted to welcome Newion Investments as a new shareholder: “24i Media wants to become the market leader in technology for TV front-end applications. As an experienced professional investor specializing in software, Newion Investments will enable us to achieve further national and international expansion. This is essential for us to secure and expand our leading position as an innovative TV app developer.” Van Horssen goes on to say, “It will take a considerable leap to cross the adoption chasm for TV apps and position ourselves as a dominant player in the global TV app market, but this is actually just a small step in our strategic roadmap.”
Frank Claassen, a partner at Newion, said: “TV apps will disrupt the TV market. 24i Media has a sophisticated product in a large dynamic market poised for tremendous growth. We see our investment in the company as a valuable addition to our portfolio and are confident that we can add significant value to its future development. Given the current level of adoption of its technology and new market opportunities abroad, we are convinced that the company will see further substantial growth in years to come.”
About 24i Media – www.24i.com
24i conceives, designs, develops, deploys and maintains TV apps for any screen, from smart TVs to set-top boxes, game consoles, tablets and mobiles. Operating from offices in Amsterdam, Barcelona, Buenos Aires and Los Angeles, a talented team of media engineers and media professionals develop solutions for international clients such as RTL, Pathé, Nubeox, FOX Sports and many others.
24i is an innovative media technology company established in 2009, when the first connected TVs were just hitting the market. Since then, 24i has grown into a thought and product leader for TV app development, partnering with TV manufacturers, broadcasters, operators and content owners. With new initiatives such as over-the-top TV services, market dynamics for TV content delivery are changing rapidly. 24i Media aims to become a dominant player in this market.
About Newion Investments – www.newion-investments.com
Newion has been one of the most successful investment companies in its sector since it was founded in 2000. Its portfolio includes Collibra, iWelcome, Reasult, Vector Fabrics and MaPS Systems. Newion is currently investing from its third fund with € 50 million in committed capital, and focuses on business-to-business (software) companies in the Benelux. The European Investment Fund is a cornerstone investor in the Newion II fund through the European Commission’s Competitiveness and Innovation Framework Programme (CIP).
For more information please contact:
Newion Investments, Frank Claassen:
T +31 (0) 513 640 633
24i Media, Hans Disch:
T +31 (0) 6 5121 6209
Apr 05, 2017
We are pleased to share the latest news from 24i with you, announcing that Brynhild Vinskei is joining the executive board of the leading TV app specialist, 24i. More details in the press release below.
Amsterdam, The Netherlands, February 16th 2017 – 24i Media, a leading provider of multi-screen TV apps, today announced the appointment of former Xstream executive, Brynhild Vinskei, as Chief Markets Officer. In her new role, she will head the global Sales and Marketing activities for the company and play an instrumental role in the strategic development, expansion and growth of the company globally.
"We are delighted to welcome Brynhild as Chief Markets Officer at 24i.” said Martijn Van Horssen, CEO at 24i. “Brynhild brings extraordinary business expertise and marketing leadership, and is recognized in the industry for developing and executing strategies that have accelerated growth and created significant brand value.Her insight and industry knowledge will help us elevate the 24i brand, enable us to respond to the increasing demand for our services globally, and drive revenue growth across our entire product portfolio.” Hans Disch, 24i’s CSO, adds to that: “Brynhild is the personification of the new phase 24i has reached in successfully executing its global growth strategy. Martijn and I look forward to work with Brynhild and our executive management team, as we continue our enterprise, focused on our joint ambition of changing the future of TV – and realize it."
In her most recent position as Chief Marketing Officer at Xstream, she helped establish the company as a leader in OTT solutions. In a career that spans 17 years, Brynhild has held senior positions managing all aspects of sales, marketing, partner management, communication, events, product marketing, strategic planning and business development. Under her leadership, 24i will continue to drive a stronger global market presence and strengthen strategic partnerships with customers and partners.
Speaking of her new appointment, Brynhild Vinskei says "I am thrilled to be joining the 24i team at such a pivotal time in the company’s history. 24i has been growing extensively over the past few years and is well poised for its continued growth ambitions, helping customers to create highly flexible, personalized and cost-effective TV app solutions across all devices. The consistent 50% yearly growth in sales, achieved through its innovative product stack, validates its commitment and passion to offer their customers future proof, best-in-breed technology. I look forward to applying my expertise to leverage industry trends and drive revenue growth, while being a part of an incredibly innovative, ambitious and close team."
About 24i Media (www.24i.com)
24i is a leading vendor in Smart TV apps for all devices including mobile, Smart TV, Set-top-boxes, Pc/ Mac , game consoles etc., empowering broadcasters, content owners and operators with future-proof and flexible tools to create and monetize personalized TV apps, while accelerating time-to-market and reducing cost.
24i’s technology framework powers the digital experience for leading brands around the world, including RTL, Fox Sports, Viacom Media Networks, Televisa, Fuse Media and many more, delivering state-of-the-art OTT apps, designed to maximize ROI, create seamless consumer experiences and build personalized engagements across all platforms.
24i Media is headquartered in Amsterdam, with offices in Los Angeles, Buenos Aires, Madrid and Brno.
May 09, 2018
Apr 21, 2017