/ News / Video startup Cleeng gets €1,1million funding from former Apple exec

Video startup Cleeng gets €1,1million funding from former Apple exec

Video streaming startup Cleeng from Amsterdam just received 1,1 million euros in series A funding from Pascal Cagni, a former Apple executive.

Cleeng lets organizations make money with their videos, mainly through a pay per view module. The product works on big platforms like Brightcove, Livestream, Ustream and JWPlayer.

The funding will be used to further develop the product and to scale the sales activities in the US. The startup already has two offices in America, one in Austin and one in New York.

Shared history with Cleeng

Cagni and Cleeng have a history together: three from the four founders already worked with Cagni, when he led the European division of Apple from 2000 to 2012. Cagni also solely funded a 400.000 euro seed round in Cleeng back in 2012.

Photo credit: Cleeng

Lorenz van Gool
Lorenz is co-editor-in-chief of StartupJuncture. As a freelance editor and journalist, he writes about startups, innovation and (e)-business. Loves to report from conferences. Really likes cleantech and journalism startups. You can ask him anything about dinosaurs. Twitter: @lorenzroman

Leave a Reply

Your email address will not be published.

Read on