DoubleTwist Raises $5 M

Apr 10, 2009

DoubleTwist, a company which offers a unifying media platform to connect consumers with all their media and all their devices, regardless of whether they are online or offline, has raised $5 million in a round of funding from investors including Horizon Ventures; Michael Ovitz, the former president of the Walt Disney Company; Alex Zubillaga, the former head of digital strategy at Warner Music; Index Ventures; and Northzone Ventures. With this round of funding, DoubleTwist have raised a total of $7.3 million. Additional funds will be used to increase the size of the company’s engineering and product teams, expand into Asia and Europe, as well as partner with device manufacturers.