OTTera has filed a notice of an exempt offering of securities to raise $6,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, OTTera is raising up to $6,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Stephen Hodge 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 OTTera
OTTera is a professional white label service that allows companies to quickly launch highly customized, affordable OTT services. Typically, to build such a solution from scratch to rival the functionality and scalability of todays most popular services would take several years and a multi-million dollar investment. By utilizing the OTTera White Label Service companies are able to license these same technologies for a fraction of the cost, with minimal infrastructure needed to support them, in 2-3 months or less. Building on 10 years of professional OTT experience servicing nearly 100M users, OTTera provides an end-to-end solution that is highly adaptable for any form of content. OTTera powers more than 3 dozen OTT services and 50+ linear channels.
To learn more about OTTera, visit http://www.ottera.tv/
Contact:
Stephen Hodge, Chief Executive Officer
747-263-0123
https://www.linkedin.com/in/slhott/
SOURCE: http://www.intelligence360.io
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