Los Angeles, CA – According to filings with the U.S. Securities and Exchange Commission, Quibi is raising $650,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Meg Whitman played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Quibi

Launching next year, Quibi is the first entertainment platform that fits perfectly into any moment of your day. We’re on a mission to entertain, inform and inspire with fresh content from today’s top talentuone quick bite at a time. Founded by Jeffrey Katzenberg and Meg Whitman, Quibi brings together the best of Hollywood and Silicon Valley. Every day, we’re defining the next era of storytelling while reinventing what a start-up can look like. Our trailblazing team is laser focused on our core audience, producing awe-inspiring shows for an intuitive, mobile-first platform, and creating a culture where everyone is heard.

To learn more about Quibi, visit http://quibi.com/

Contact:
Meg Whitman, Chief Executive Officer
424-363-3066
meg.whitman@quibi.com
https://www.linkedin.com/in/megwhitman/

SOURCE: http://www.intelligence360.io
Copyright (c) 2019 SI360 Inc. All rights reserved