Amagi stake

#Emerald Media, the Pan-Asia company backed by leading global investment firm KKR for investing in the media and entertainment sector, has acquired a significant minority stake in #Amagi Media Labs, the leader in targeted TV advertising and cloud-based TV broadcast infrastructure.

Premji Invest, the investment arm of Azim Premji, (an existing shareholder) is also participating in this combination of primary and secondary US$35 million Series D round. The stake acquisition was announced Dec 14, 2016.

#Mayfield India and #Nadathur Holdings will continue to remain invested in the Company.

Headquartered in Bengaluru with offices in New York City, London, and Hong Kong, Amagi is a next-generation media technology company providing cloud-based managed broadcast services and targeted advertising platforms to customers worldwide.

Amagi enables TV networks to create a complete broadcast workflow on the cloud and deliver content over satellite, cable, IPTV or OTT (Over-The-Top) platforms. fii-news.com