YouNow Secures $15M

What does YouNow do?

YouNow, is a live social network which connects audiences and broadcasters in real time. This is the first live social network in the world, which empowers users to broadcast themselves anywhere in real time. The company believes in the limitless potential of human creativity. Their aim is to create a powerful platform where anyone can broadcast and express themselves in front of a huge live audience. The company is proud to provide a product which fuses the experience of broadcasting, performing, gaming and social media when the TV social media are converging. It is giving direct power to the people and is enabling them in discovering and creating new kinds of interactive content in real time.

How much YouNow was funded?

YouNow raised $15M in Series D on October 5^th 2015 from the investors Comcast Ventures, Venrock and Oren Zeev

Previous Funding

• $4M in Series A on August 1^st, 2013 from Union Square Ventures
• $7M in Series B in August 2014 from Venrock
• $15M in Series C on September 5^th, 2015 from  Comcast Ventures, Venrock and Oren Zeev.

What is next for YouNow?

The investors are happy to have invested into YouNow which is turning to be a thriving global community platform for communication and self expression. The company’s aim is to provide a real time social network which fulfils the needs of younger and digital savvy generation who are eager in participating in media and not just consume it. The company urges creative people to broadcast on their social network and find their audience.

More about YouNow

 YouNow was founded on June 1^st, 2011  by Adi Sideman. It has its headquarters in New York, NY. The company has more than 100 million user sessions a month and more than 50,000 hours of new live video content which is created everyday. Users can not turn their computers and mobile devices into an interactive entertainment experience.