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    Thought Equity Motion Scores $25 Million For Cloud-Based Video Platform

    Robin Wauters

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    Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

    Tuesday, August 16th, 2011
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    thoughtequity

    Online video technology and footage licensing services provider Thought Equity Motion has raised $25 million from Shamrock Capital Advisors, the company announced this morning.

    The company delivers video archive management and “smart content” metadata tools as a cloud service, as well as rights development expertise. Through its Web platform and global sales force, the company licenses a wide range of sports, news, entertainment, editorial, and creative content.

    Thought Equity offers its video technology and management infrastructure solutions to media companies, news organizations, sports right holders and video production companies worldwide. Customers include BBC, Paramount, National Geographic, Sony Pictures Entertainment and the NYT.

    The company says ‘tens of thousands’ of video producers use its video licensing platform on a daily basis.

    Thought Equity’s new investor, Shamrock Capital Advisors, is an independent Los Angeles-based private equity firm focused on the media, entertainment, and communications industries.

    In 2010, Shamrock’s private equity activities were formally separated from Shamrock Holdings, the family office for the late Roy E. Disney, a longtime senior executive for The Walt Disney Company, which his father Roy Oliver Disney and his uncle Walt Disney founded.

    Thought Equity CEO Kevin Schaff told The Denver Post that a small portion of the funds from Shamrock Capital Partners has been used to pay off an old investor.


    Crunchbase

    Company: T3Media
    Website: t3media.com
    Launch Date: 2003
    Funding: $53M

    T3Media (formerly Thought Equity Motion) offers cloud-based storage, access and licensing for enterprise-scale video libraries. Its technology Platform and services enable media owners to generate new value from their content while managing cost and complexity. Through http://www.t3licensing.com and its global sales force, the company licenses sports, news, and creative footage to producers in advertising, entertainment, publishing, and emerging media. T3Media works with the world’s leading video libraries, including BBC Motion Gallery, Paramount Pictures, Sony Pictures Entertainment, National Geographic, The New...

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