TigerSpike Sinks Its Teeth Into $11 Million Equity Financing

Jul 19, 2011


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TigerSpike, a provider of multi-platform personal media technology, closed an $11 million minority equity financing from Aegis Media. According to the company, the funding will help accelerate TigerSpike's future growth plans, as well as expand its product group and extend its reach into new markets. The company's personal media technology solutions help organizations build closer relationships with their content users.

TigerSpike's customers include publishing customers such as News Corp, The Daily Telegraph, and The Economist, and the company's platform is also being used by a number of enterprise and consumer brand organizations such as AutoTrader, Diageo, Pepsi, ResMed, Tetrapak, and Woolworths. TigerSpike relies on a proprietary service delivery platform known as Phoenix that lets customers to rapidly deploy content and services across personal media devices.

(www.tigerspike.com)