Funding

FilmTrack Raises $10M in Venture Debt

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What does FilmTrack do?

FilmTrack, is a global leader in content and rights management for media and entertainment industry around the globe. The company offers a SaaS based integrated solution suite which streamlines the intellectual property managment lifecycle from project inception to distribution and provides a view into the availabilities, critical data supporting rights, invoicing, contracts, revenue recognition, licensing, workflow management and royalties.

How much FilmTracks was funded?

FilmTrack raised $10M on October 7, 2015 from Silicon Valley Bank and Wellington Financial.

Previous funding

  • $20M in undisclosed round on August 26, 2013 from Insight Venture Partners
  • $10M in Series B on November 4, 2014 from Insight Venture Partners, Stephen Kassin, Dave Goldberg and Jason Kassin

What is next for FilmTrack?

FilmTrack plans to use the funding for increasing its production innovation and supporting its expansion into new markets geographically and vertically. The funding helps the company in continuing to aquire strategic services and technologies.

More about FilmTrack

FilmTrack was founded in 1996 by Jason Kassin and Stephen Kassin. It has its headquarters in Studio City, CA. The company transforms the way entertainment and media monetizes, measures and delivers its content and related assets.

The company’s SaaS based suite includes StarCM, which is a content management system which stores important metadat fields which ensures that data integrity is maintained for content life cycle from inception to distribution; Biz Affairs, a contract manager which manages production, non distribution based contracts, underlying rights and creates documents based on business necessities with a document creation tool; Avails, a rights manager which provides real time view of contractual data  and enables teams for identifying and exploit revenue opportunities; InventTrack, an inventory manager which provides visibility into the status, location, technical attributes of project related assets; Extranet, a delivery manager which powers real time cloud based distribution of digital assets.

 

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