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Dutch TV app company 24i Media pulls in funds from Newion

7 January 2015 10:21
By Tornado Staff

24i Media, a TV app developer from Amsterdam, has secured funding from Dutch VC Newion Investments. The proceeds will be used to strengthen its product development and expand into new countries.

Founded in 2009, 24i develops TV apps for any screen, from smart TVs to set‐top boxes, game consoles, tablets and mobiles. The company leverages its technology framework called AppCore which facilitates app development and maintenance for TV platforms.

24i hopes to benefit from the dynamic character of the TV content delivery market, with new initiatives popping up such as over‐the‐top TV services. In its aim to become a substantial player it partners with TV manufacturers, broadcasters, operators as well as content owners.

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